My analysis of 7 comparable properties puts this home's estimated value at $560,943. Based on how the local market is moving, a list price between $610,000 and $652,000 would position this home well. This pricing would rank the home as the most affordable of 2 comparable homes on the market in HIGH GABRIEL WEST's current inventory. This home's larger footprint (221 sqft vs the comp average) plays a role in how the market prices it. At 8 years newer than typical comps, the 2016 build date influences the valuation. 2 similar homes are currently available in HIGH GABRIEL WEST, creating a buyer's market for this price range. The 6 month price trend in 78641: fallen 4.8%. The best comp here is 115 Signal Hill DR, Leander TX 78641 at an adjusted value of $692,995, with a smaller floor plan. The comp data here (7 sales in HIGH GABRIEL WEST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus