Reviewing the most recent comparable transactions, this home's market value falls around $997,227. For a well positioned listing in SUNDANCE RANCH NORTH, I'd target the $479,000 to $489,000 range. Against 7 similar active listings in SUNDANCE RANCH NORTH, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 427 sqft larger than the typical comp, the size difference factors into the valuation. The 2016 construction puts this home 14 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SUNDANCE RANCH NORTH; a buyer's market based on recent absorption. Recent trends in SUNDANCE RANCH NORTH show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 110 Pinto RUN, Liberty Hill TX 78642, with an adjusted value of $1,134,780; with a larger floor plan. 3 comparable transactions in SUNDANCE RANCH NORTH 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
