6 recent sales within a mile of this address suggest a current value of $385,715. My recommended list price range for this property would be $70,000 to $80,000. In the current BAR-K RANCHES market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 180 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2004, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in BAR-K RANCHES includes 4 comparable homes priced from $89,000 to $449,900. In BAR-K RANCHES, home values have risen approximately 13% over the past 6 months. One of the strongest data points is 7707 Bar K Ranch RD, Lago Vista TX 78645, adjusting to $303,584; with a smaller floor plan. Based on 6 relevant data points in BAR-K RANCHES, 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
