Reviewing the most recent comparable transactions, this home's market value falls around $291,968. For a well positioned listing in HORIZON PARK, I'd target the $311,000 to $320,000 range. With 7 comparable homes on the market in HORIZON PARK, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 208 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.13 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in HORIZON PARK, listed between $274,900 and $375,500. Recent trends in HORIZON PARK show home values have fallen 2.9% since 6 months ago. The most comparable recent sale is 2008 Garrison DR, Leander TX 78641, with an adjusted value of $288,076; with a larger floor plan. 7 comparable transactions in HORIZON PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group