Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $288,464. To generate strong buyer interest while maximizing value, I'd price this between $212,000 and $222,000. With 7 comparable homes on the market in PLUM CREEK, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in PLUM CREEK, listed between $225,000 and $319,000. The trend in PLUM CREEK shows prices have fallen 4.4% in the past 6 months. 5357 Hartson, Kyle TX 78640 nearby adjusts to $277,480; a strong comparable. The 5 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