The comparable sales data (4 recent transactions in 78734) supports an estimated value of $730,236. The data suggests a list price between $811,000 and $861,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78734's current inventory. At 136 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.28 acres versus 0.25 for the typical comp. Current inventory shows 3 comparable homes in 78734; a buyer's market based on recent absorption. Prices in 78734 have fallen 7% over the last 6 months. A similar home at 8 Sunview RD, The Hills TX 78738 carries an adjusted comparable value of $755,998, providing a strong data point. This estimate draws on 4 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