After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $518,458. Pricing this home between $503,000 and $534,000 would put it in the competitive sweet spot for CHERRY HOLLOW ESTATES. This would position the home competitively among 1 active listings in CHERRY HOLLOW ESTATES. At 233 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (1.05 acres versus the area average of 1.63) contributes to the valuation. The active market in CHERRY HOLLOW ESTATES includes 1 comparable homes priced from $525,000 to $525,000. Market data shows 78641 prices fallen 4.8% over the last half year. The closest comparable sale, 11909 Long Hill CV, Leander TX 78641 at an adjusted $213,711, is with a larger floor plan. The comp data here (7 sales in CHERRY HOLLOW ESTATES) 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