Based on 7 closed sales in SPRINGCREEK RANCH, the data points to a value around $672,934 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $653,000 to $693,000. This home's position in the current SPRINGCREEK RANCH market: below the only comparable home currently on the market among comparable properties. The smaller floor plan (216 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 6 of the comps had one. The active market in SPRINGCREEK RANCH includes 1 comparable homes priced from $925,000 to $925,000. Market data shows 78642 prices fallen 2.5% over the last half year. The closest comparable sale, 119 Creekside CIR, Liberty Hill TX 78642 at an adjusted $695,787, is with a larger floor plan and no pool. This estimate draws on 7 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