Reviewing the most recent comparable transactions, this home's market value falls around $266,161. For a well positioned listing in BENBROOK RANCH, I'd target the $296,000 to $297,000 range. In the current BENBROOK RANCH market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 139 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.13 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BENBROOK RANCH; a balanced market based on recent absorption. Recent trends in BENBROOK RANCH show home values have fallen 7.7% since 6 months ago. The most comparable recent sale is 1006 Gentry DR, Leander TX 78641, with an adjusted value of $237,865; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group