Based on 3 closed sales in CARDINAL HILLS, the data points to a value around $609,831 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $482,000 to $492,000. Relative to what's currently available in CARDINAL HILLS, this home would be the 2nd most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in CARDINAL HILLS; a balanced market based on recent absorption. Market data shows CARDINAL HILLS prices risen 7.4% over the last half year. The closest comparable sale, 102 N Meadowlark ST, Lakeway TX 78734 at an adjusted $536,733, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
