Based on 7 closed sales in PLUM CREEK, the data points to a value around $215,941 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $246,000 to $251,000. This would position the home competitively among 4 active listings in PLUM CREEK. Lot size matters here: 0.00 acres versus 0.08 for the typical comp. Current inventory shows 4 comparable homes in PLUM CREEK; a buyer's market based on recent absorption. Market data shows PLUM CREEK prices fallen 4.4% over the last half year. The closest comparable sale, 6095 Negley # A, Kyle TX 78640 at an adjusted $204,254, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus