After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $263,968. Pricing this home between $301,000 and $316,000 would put it in the competitive sweet spot for MASON CREEK. This home's position in the current MASON CREEK market: the most affordable of 3 comparable homes on the market among comparable properties. At 131 sqft larger than the typical comp, the size difference factors into the valuation. At 6 years older than typical comps, the 1986 build date influences the valuation. Right now, 3 similar properties are competing for buyers in MASON CREEK, listed between $315,000 and $375,500. Market data shows MASON CREEK prices fallen 8.1% over the last half year. The closest comparable sale, 1609 Greening WAY, Leander TX 78641 at an adjusted $256,678, is a strong comparable. The comp data here (3 sales in MASON CREEK) 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