Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,230,772. To generate strong buyer interest while maximizing value, I'd price this between $852,000 and $862,000. Among the similar homes currently available in RANCHLAND HILLS, this price point stands out as competitive. This home's smaller footprint (134 sqft vs the comp average) plays a role in how the market prices it. At 1.47 acres, the lot is larger than the 1.30 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in RANCHLAND HILLS, listed between $825,000 and $1,595,000. The trend in 78645 shows prices have fallen 2.9% in the past 6 months. 7308 ADMIRALS PARK DR, Jonestown TX 78645 nearby adjusts to $1,249,431; a strong comparable. The 5 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