Based on what similar homes have actually sold for within a mile, I'd place this property's value at $887,633. I'd recommend coming to market at $998,000 to $1,004,000 to strike the right balance between value and market velocity. Among the similar homes currently available in GRAND MESA CRYSTAL FALLS, this price point stands out as competitive. At 298 sqft larger than the typical comp, the size difference factors into the valuation. The 3.57 acre lot (larger than the 1.49 acre average) is reflected in the estimate. The active market in GRAND MESA CRYSTAL FALLS includes 4 comparable homes priced from $999,999 to $1,500,000. The trend in GRAND MESA CRYSTAL FALLS shows prices have risen 12.5% in the past 6 months. 1104 Squaw VLY, Leander TX 78641 nearby adjusts to $1,004,325; with a larger floor plan. 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