After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $728,784. Pricing this home between $526,000 and $536,000 would put it in the competitive sweet spot for SUNDANCE ESTATES. Relative to what's currently available in SUNDANCE ESTATES, this home would be the 2nd least expensive of 4 comparable homes on the market. At 6 years older than typical comps, the 2007 build date influences the valuation. The smaller lot (1.05 acres versus the area average of 1.11) contributes to the valuation. Right now, 4 similar properties are competing for buyers in SUNDANCE ESTATES, listed between $467,210 and $1,264,900. Market data shows SUNDANCE ESTATES prices risen 9.7% over the last half year. The closest comparable sale, 121 Quarry Park CV, Liberty Hill TX 78642 at an adjusted $645,378, is with a larger floor plan. With 3 comparable sales in SUNDANCE ESTATES, 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