7 recent sales within a mile of this address suggest a current value of $501,084. My recommended list price range for this property would be $318,000 to $328,000. 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 5 years newer than the average comp, which is reflected in the adjustments. The 0.54 acre lot (larger than the 0.43 acre average) is reflected in the estimate. With 7 similar homes currently listed in HIGH GABRIEL WEST (a buyer's market), competition is a factor to consider. In 78641, home values have fallen approximately 5.9% over the past 6 months. One of the strongest data points is 115 Signal Hill DR, Leander TX 78641, adjusting to $675,089; 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