The market data from 3 similar recent sales in CARDINAL HILLS points to a value of approximately $605,960. To sell within a reasonable timeframe at fair market value, the $681,000 to $716,000 range is where I'd position this. Against 3 similar active listings in CARDINAL HILLS, this price point lands at the most affordable of 3 comparable homes on the market. The 184 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 3 similar properties are competing for buyers in CARDINAL HILLS, listed between $689,000 and $910,000. In CARDINAL HILLS, home values have risen approximately 23.1% over the past 6 months. One of the strongest data points is 15105 Falcon DR, Austin TX 78734, adjusting to $638,446; with a smaller floor plan. 3 comparable transactions in CARDINAL HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
