Based on 3 closed sales in CHAPARRAL PARK, the data points to a value around $560,526 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $675,000 to $738,000. Buyers shopping in CHAPARRAL PARK right now would see this as a well positioned option among 4 comparable homes. At 179 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.61 acres versus 0.80 for the typical comp. The active market in CHAPARRAL PARK includes 4 comparable homes priced from $485,000 to $799,000. Market data shows 78652 prices fallen 0.1% over the last half year. The closest comparable sale, 202 Canyon Wren DR, Buda TX 78610 at an adjusted $430,276, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in CHAPARRAL PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group