The estimated value of this property is $859,088, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $444,000 and $454,000. Against 7 similar active listings in SUNDANCE RANCH NORTH, this price point lands at the most expensive of 7 comparable homes on the market. At 119 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2014, this home is 12 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in SUNDANCE RANCH NORTH, ranging from $455,350 to $599,995. Recent trends in SUNDANCE RANCH NORTH show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 280 QUARTERHORSE DR, Liberty Hill TX 78642, with an adjusted value of $705,445; with a smaller floor plan. Based on 3 relevant data points in SUNDANCE RANCH NORTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
