Reviewing the most recent comparable transactions, this home's market value falls around $775,786. For a well positioned listing in LS HARWELL SURV ABS #422, I'd target the $653,000 to $663,000 range. In the current LS HARWELL SURV ABS #422 market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 499 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 2.95 acre comp average, which factors into pricing. 4 similar homes are currently available in LS HARWELL SURV ABS #422, creating a buyer's market for this price range. Recent trends in 78639 show home values have risen 111.1% since 6 months ago. The most comparable recent sale is 136 Web Isle DR, Granite Shoals TX 78654, with an adjusted value of $2,011,721; with a smaller floor plan. 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