Based on what similar homes have actually sold for within a mile, I'd place this property's value at $275,594. I'd recommend coming to market at $298,000 to $313,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SPRING BRANCH II SEC FOUR, this price point stands out as competitive. The 102 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.00 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. With 4 similar homes currently listed in SPRING BRANCH II SEC FOUR (a balanced market), competition is a factor to consider. 211 Silverado DR, Kyle TX 78640 nearby adjusts to $285,464; with a larger floor plan. Based on 7 relevant data points in SPRING BRANCH II SEC FOUR, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX