The market data from 5 similar recent sales in ASHBROOK points to a value of approximately $314,616. To sell within a reasonable timeframe at fair market value, the $308,000 to $321,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in ASHBROOK. There are currently 3 similar homes on the market in ASHBROOK, ranging from $284,000 to $319,900. In ASHBROOK, home values have fallen approximately 16% over the past 6 months. One of the strongest data points is 11321 Autumn Ash DR, Manchaca TX 78652, adjusting to $320,877; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group