17816 Moon Rise CV, Jonestown TX 78645

My analysis of 7 comparable properties puts this home's estimated value at $971,230. Based on how the local market is moving, a list price between $1,229,000 and $1,248,000 would position this home well. This home's position in the current LONG HOLLOW ESTATES market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's larger footprint (136 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (1.00 acres versus the area average of 1.16) contributes to the valuation. Current inventory shows 4 comparable homes in LONG HOLLOW ESTATES; a buyer's market based on recent absorption. The 6 month price trend in 78645: fallen 8.7%. The best comp here is 8205 Moon Rise TRL, Jonestown TX 78645 at an adjusted value of $1,228,799, with a smaller floor plan. With 7 comparable sales in LONG HOLLOW ESTATES, 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