Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $306,972. I'd recommend coming to market at $344,000 to $357,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CREEK BEND, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 154 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.00 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CREEK BEND, ranging from $290,000 to $468,000. The trend in CREEK BEND shows prices have fallen 0.2% in the past 6 months. 200 Floating Leaf DR, Hutto TX 78634 nearby adjusts to $308,000; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group