The comparable sales data (3 recent transactions in GRAND MESA/CRYSTAL FALLS II SE) supports an estimated value of $1,053,648. The data suggests a list price between $1,033,000 and $1,075,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in GRAND MESA/CRYSTAL FALLS II SE, this home would be the 2nd most expensive of 3 comparable homes on the market. Lot size matters here: 1.13 acres versus 1.05 for the typical comp. The active market in GRAND MESA/CRYSTAL FALLS II SE includes 3 comparable homes priced from $1,075,000 to $1,255,000. Prices in 78641 have fallen 1.7% over the last 6 months. A similar home at 3812 Deep Pocket DR, Leander TX 78641 carries an adjusted comparable value of $1,071,352, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus