My analysis of 7 comparable properties puts this home's estimated value at $408,643. Based on how the local market is moving, a list price between $294,000 and $304,000 would position this home well. This home's position in the current SILVER CREEK RANCH market: the most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (188 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 1998 build date influences the valuation. Buyers in SILVER CREEK RANCH have 7 comparable options right now, with asking prices between $299,900 and $795,000. The 6 month price trend in 78641: fallen 4.8%. The best comp here is 300 Copper LN, Leander TX 78641 at an adjusted value of $631,550, with a larger floor plan. With 7 comparable sales in SILVER CREEK RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
