My analysis of 6 comparable properties puts this home's estimated value at $377,222. Based on how the local market is moving, a list price between $398,000 and $399,000 would position this home well. Relative to what's currently available in COUNTRY CLUB ESTATES, this home would be the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (137 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2007 build date influences the valuation. With 4 similar homes currently listed in COUNTRY CLUB ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in COUNTRY CLUB ESTATES: fallen 4%. The best comp here is 3960 Outpost TRCE, Lago Vista TX 78645 at an adjusted value of $385,844, with a larger floor plan. The comp data here (6 sales in COUNTRY CLUB ESTATES) 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
