Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $657,073. To generate strong buyer interest while maximizing value, I'd price this between $440,000 and $450,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in SUNDANCE ESTATES. Being 206 sqft larger than the average comparable sale in this area impacts the per square foot value. At 1.28 acres, the lot is larger than the 1.05 acre comp average, which factors into pricing. 4 comparable transactions in SUNDANCE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
