8517 Ranchland Hills CV, Jonestown TX 78645

The market data from 4 similar recent sales in RANCHLAND HILLS points to a value of approximately $1,007,255. To sell within a reasonable timeframe at fair market value, the $714,000 to $724,000 range is where I'd position this. With 7 comparable homes on the market in RANCHLAND HILLS, this price positions the property as the most expensive of 7 comparable homes on the market. Being 109 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.18 acres, the lot is larger than the 1.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in RANCHLAND HILLS (a buyer's market), competition is a factor to consider. In 78645, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 17708 North ST, Lago Vista TX 78645, adjusting to $941,085; with a larger floor plan. 4 comparable transactions in RANCHLAND HILLS 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