Based on 6 closed sales in HORIZON PARK, the data points to a value around $301,411 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $308,000 to $317,000. Relative to what's currently available in HORIZON PARK, this home would be the 3rd most expensive of 5 comparable homes on the market. At 165 sqft smaller than the typical comp, the size difference factors into the valuation. Buyers in HORIZON PARK have 5 comparable options right now, with asking prices between $270,000 and $330,000. Market data shows HORIZON PARK prices fallen 2.3% over the last half year. The closest comparable sale, 202 McCarthur DR, Leander TX 78641 at an adjusted $287,871, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in HORIZON PARK. 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