16920 Northlake Hills DR, Jonestown TX 78645

Based on 7 closed sales in 78645, the data points to a value around $1,540,772 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,495,000 to $1,587,000. Relative to what's currently available in 78645, this home would be below the only comparable home currently on the market. This home's larger footprint (1,926 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 7 minus 3 of the comps had one. Current inventory shows 1 comparable homes in 78645; a buyer's market based on recent absorption. Market data shows 78645 prices fallen 5.6% over the last half year. The closest comparable sale, 6504 Lantern View DR, Jonestown TX 78645 at an adjusted $1,955,057, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78645. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group