Based on 4 closed sales in BLOCK HOUSE CREEK, the data points to a value around $345,767 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $354,000 to $362,000. This home's position in the current BLOCK HOUSE CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.23 acres versus 0.17 for the typical comp. 7 similar homes are currently available in BLOCK HOUSE CREEK, creating a seller's market for this price range. Market data shows BLOCK HOUSE CREEK prices risen 2.7% over the last half year. The closest comparable sale, 17506 Bottle Springs LN, Leander TX 78641 at an adjusted $347,733, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in BLOCK HOUSE CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
