206 Methodius DR, Hutto TX 78634

After reviewing 3 recent transactions in CARMEL CREEK, I estimate this property's value at $430,148. A competitive list price for this home right now would fall in the $371,000 to $381,000 range. This home's position in the current CARMEL CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (138 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.26 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in CARMEL CREEK; a buyer's market based on recent absorption. Prices in 78634 have fallen 3.2% over the last 6 months. A similar home at 1006 Skylark CV, Hutto TX 78634 carries an adjusted comparable value of $444,815, providing a strong data point. With 3 comparable sales in CARMEL CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group