Based on 5 closed sales in CARDINAL HILLS, the data points to a value around $555,130 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $668,000 to $762,000. Relative to what's currently available in CARDINAL HILLS, this home would be the 2nd least expensive of 7 comparable homes on the market. At 338 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2017 (11 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in CARDINAL HILLS; a buyer's market based on recent absorption. Market data shows CARDINAL HILLS prices risen 0.7% over the last half year. The closest comparable sale, 102 N Meadowlark ST, Lakeway TX 78734 at an adjusted $537,160, is with a smaller floor plan. This estimate draws on 5 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
