The comparable sales data (6 recent transactions in GRAND MESA/CRYSTAL FALLS II SE) supports an estimated value of $1,018,950. The data suggests a list price between $816,000 and $826,000 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 least expensive of 5 comparable homes on the market. The 150 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.13 acres versus 1.10 for the typical comp. The active market in GRAND MESA/CRYSTAL FALLS II SE includes 5 comparable homes priced from $799,000 to $1,300,000. Prices in 78641 have risen 2.1% over the last 6 months. A similar home at 2325 High Lonesome, Leander TX 78641 carries an adjusted comparable value of $1,013,994, providing a strong data point. This estimate draws on 6 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