11404 Forest SQ, Live Oak TX 78233

The market data from 4 similar recent sales in WOODCREST points to a value of approximately $230,639. To sell within a reasonable timeframe at fair market value, the $224,000 to $238,000 range is where I'd position this. With 1 comparable homes on the market in WOODCREST, this price positions the property as below the only comparable home currently on the market. The larger floor plan (231 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.12 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in WOODCREST; a seller's market based on recent absorption. In 78233, home values have risen approximately 39% over the past 6 months. One of the strongest data points is 14411 Edens CRK, San Antonio TX 78233, adjusting to $245,336; with a larger floor plan. 4 comparable transactions in WOODCREST 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