11301 Runnel Ridge RD, Manor TX 78653

Reviewing the most recent comparable transactions, this home's market value falls around $501,063. For a well positioned listing in SHADOWGLEN, I'd target the $512,000 to $522,000 range. With 2 comparable homes on the market in SHADOWGLEN, this price positions the property as the most affordable of 2 comparable homes on the market. The 860 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.26 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in SHADOWGLEN; a buyer's market based on recent absorption. Recent trends in SHADOWGLEN show home values have risen 14.2% since 6 months ago. The most comparable recent sale is 13625 Glen Creek CT, Manor TX 78653, with an adjusted value of $511,515; with a smaller floor plan. The 7 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