Based on 7 closed sales in ROUGH HOLLOW, the data points to a value around $1,582,150 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,788,000 to $1,891,000. Relative to what's currently available in ROUGH HOLLOW, this home would be the 2nd least expensive of 5 comparable homes on the market. A pool adds market appeal. Only 7 minus 6 of the comps had one. Lot size matters here: 0.46 acres versus 0.40 for the typical comp. 5 similar homes are currently available in ROUGH HOLLOW, creating a buyer's market for this price range. Market data shows ROUGH HOLLOW prices fallen 4.4% over the last half year. The closest comparable sale, 237 Canyon Turn TRL, Lakeway TX 78734 at an adjusted $2,111,050, is with no pool. The strength of this estimate comes from 7 directly comparable sales in ROUGH HOLLOW. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group