Reviewing the most recent comparable transactions, this home's market value falls around $311,625. For a well positioned listing in 78634, I'd target the $324,000 to $332,000 range. Against 7 similar active listings in 78634, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1984 construction puts this home 24 years older than the comp average, a factor in the pricing. At 0.75 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78634, listed between $278,000 and $385,000. Recent trends in 78634 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 109 David DR, Hutto TX 78634, with an adjusted value of $296,939; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group