Based on what similar homes have actually sold for within a mile, I'd place this property's value at $561,272. I'd recommend coming to market at $544,000 to $578,000 to strike the right balance between value and market velocity. Against 3 similar active listings in HAZLEWOOD, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 101 sqft larger than the typical comp, the size difference factors into the valuation. 3 similar homes are currently available in HAZLEWOOD, creating a buyer's market for this price range. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 2605 Etta May LN, Leander TX 78641 nearby adjusts to $463,944; with a smaller floor plan. With 5 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