The estimated value of this property is $371,545, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $306,000 and $316,000. With 7 comparable homes on the market in HIGH GABRIEL WEST, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. Built in 2017, this home is 11 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in HIGH GABRIEL WEST, ranging from $298,750 to $350,000. Recent trends in HIGH GABRIEL WEST show home values have fallen 31.8% since 6 months ago. The most comparable recent sale is 110 Skyview TER, Leander TX 78641, with an adjusted value of $378,100; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
