620 Longhorn LOOP, Niederwald TX 78640

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $280,940. Pricing this home between $273,000 and $300,000 would put it in the competitive sweet spot for CIRCLE N RANCH. This home's position in the current CIRCLE N RANCH market: the most expensive of 7 comparable homes on the market among comparable properties. At 12 years older than typical comps, the 1999 build date influences the valuation. The larger lot (2.93 acres versus the area average of 0.99) contributes to the valuation. With 7 similar homes currently listed in CIRCLE N RANCH (a buyer's market), competition is a factor to consider. Market data shows 78640 prices fallen 0.8% over the last half year. The closest comparable sale, 813 Petras WAY, Kyle TX 78640 at an adjusted $303,883, is with a larger floor plan. With 7 comparable sales in CIRCLE N RANCH, 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