Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $368,332. To generate strong buyer interest while maximizing value, I'd price this between $389,000 and $400,000. With 7 comparable homes on the market in HIGH MEADOWS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 1.47 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. With 7 similar homes currently listed in HIGH MEADOWS (a buyer's market), competition is a factor to consider. The trend in HIGH MEADOWS shows prices have risen 2% in the past 6 months. 7065 Wheatfield WAY, Kyle TX 78640 nearby adjusts to $425,563; a strong comparable. 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