The market data from 7 similar recent sales in SILVERADO PLUM CREEK points to a value of approximately $259,643. To sell within a reasonable timeframe at fair market value, the $284,000 to $292,000 range is where I'd position this. Against 5 similar active listings in SILVERADO PLUM CREEK, this price point lands at the most affordable of 5 comparable homes on the market. With 5 similar homes currently listed in SILVERADO PLUM CREEK (a buyer's market), competition is a factor to consider. In 78640, home values have fallen approximately 5.3% over the past 6 months. One of the strongest data points is 123 Remington DR, Kyle TX 78640, adjusting to $262,290; with a larger 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