Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $243,240. I'd recommend coming to market at $250,000 to $256,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in POST OAK. The 149 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in POST OAK includes 7 comparable homes priced from $234,900 to $279,000. The trend in POST OAK shows prices have risen 1% in the past 6 months. 473 Goddard, Kyle TX 78640 nearby adjusts to $264,105; a strong comparable. Based on 7 relevant data points in POST OAK, 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