290 Hummingbird WAY, Martindale TX 78655

My analysis of 4 comparable properties puts this home's estimated value at $342,117. Based on how the local market is moving, a list price between $217,000 and $227,000 would position this home well. This would position the home competitively among 7 active listings in BUTTERFLY MEADOWS. The 138 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.50 acres versus the area average of 0.57) contributes to the valuation. Current inventory shows 7 comparable homes in BUTTERFLY MEADOWS; a buyer's market based on recent absorption. The 6 month price trend in 78655: risen 3.7%. The best comp here is 240 Hummingbird WAY, Martindale TX 78655 at an adjusted value of $382,885, with a larger floor plan. With 4 comparable sales in BUTTERFLY MEADOWS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group