The estimated value of this property is $1,207,741, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $830,000 and $840,000. Among the similar homes currently available in HIGH HAT MOUNTAIN, this price point stands out as competitive. Built in 2015, this home is 5 years older than the average comp, which is reflected in the adjustments. The 2.08 acre lot (larger than the 1.69 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in HIGH HAT MOUNTAIN, ranging from $799,900 to $1,125,000. Recent trends in 78645 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 7308 ADMIRALS PARK DR, Jonestown TX 78645, with an adjusted value of $1,248,845; a strong comparable. Based on 5 relevant data points in HIGH HAT MOUNTAIN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
