Based on 7 closed sales in MYSTIC MEADOWS, the data points to a value around $353,099 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $260,000 to $270,000. This would position the home competitively among 2 active listings in MYSTIC MEADOWS. This home's larger footprint (130 sqft vs the comp average) plays a role in how the market prices it. Being built in 2009 (16 years older than comps) is factored into the value estimate. There are currently 2 similar homes on the market in MYSTIC MEADOWS, ranging from $292,435 to $322,483. Market data shows 78656 prices fallen 6.3% over the last half year. The closest comparable sale, 491 ATTICUS CV, Lockhart TX 78644 at an adjusted $380,548, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
