17917 Lafayette Park RD, Jonestown TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $625,103. For a well positioned listing in LAKE SANDY, I'd target the $398,000 to $408,000 range. In the current LAKE SANDY market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1971 construction puts this home 35 years older than the comp average, a factor in the pricing. At 0.82 acres, the lot is smaller than the 1.51 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in LAKE SANDY, ranging from $375,000 to $1,350,000. Recent trends in 78645 show home values have fallen 5.6% since 6 months ago. The most comparable recent sale is 10702 Hill DR, Leander TX 78641, with an adjusted value of $837,417; 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