After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $296,064. Pricing this home between $146,000 and $156,000 would put it in the competitive sweet spot for BAR-K RANCHES. This home's position in the current BAR-K RANCHES market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 623 sqft smaller than the typical comp, the size difference factors into the valuation. At 16 years older than typical comps, the 1995 build date influences the valuation. 7 similar homes are currently available in BAR-K RANCHES, creating a buyer's market for this price range. Market data shows BAR-K RANCHES prices risen 1.8% over the last half year. The closest comparable sale, 8022 Flintlock CIR, Lago Vista TX 78645 at an adjusted $253,287, is with a larger floor plan. The comp data here (7 sales in BAR-K RANCHES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus