7 recent sales within a mile of this address suggest a current value of $550,732. My recommended list price range for this property would be $353,000 to $363,000. 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. Built in 2015, this home is 10 years newer than the average comp, which is reflected in the adjustments. The 0.54 acre lot (larger than the 0.50 acre average) is reflected in the estimate. With 7 similar homes currently listed in HIGH GABRIEL WEST (a seller's market), competition is a factor to consider. In HIGH GABRIEL WEST, home values have fallen approximately 14% over the past 6 months. One of the strongest data points is 115 Signal Hill DR, Leander TX 78641, adjusting to $675,368; 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
