521 Alterra WAY, Maxwell TX 78656

Reviewing the most recent comparable transactions, this home's market value falls around $227,341. For a well positioned listing in HYMEADOW, I'd target the $251,000 to $254,000 range. Against 7 similar active listings in HYMEADOW, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. With 7 similar homes currently listed in HYMEADOW (a buyer's market), competition is a factor to consider. Recent trends in HYMEADOW show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 1251 Delta CRST, Maxwell TX 78656, with an adjusted value of $221,118; a strong comparable. 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