518 Hendelson LN, Hutto TX 78634

The market data from 4 similar recent sales in HIGHLANDS points to a value of approximately $311,709. To sell within a reasonable timeframe at fair market value, the $252,000 to $262,000 range is where I'd position this. With 7 comparable homes on the market in HIGHLANDS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 563 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.19 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HIGHLANDS; a buyer's market based on recent absorption. In HIGHLANDS, home values have fallen approximately 2.1% over the past 6 months. One of the strongest data points is 506 Hendelson LN, Hutto TX 78634, adjusting to $295,653; with a larger floor plan. 4 comparable transactions in HIGHLANDS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group