The comparable sales data (7 recent transactions in PLUM CREEK) supports an estimated value of $300,942. The data suggests a list price between $319,000 and $320,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in PLUM CREEK's current inventory. The smaller floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in PLUM CREEK includes 7 comparable homes priced from $275,000 to $370,000. Prices in PLUM CREEK have fallen 3.8% over the last 6 months. A similar home at 212 Morrell, Kyle TX 78640 carries an adjusted comparable value of $287,565, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PLUM CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group