1412 Polly LN, Out of State TX 78121

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $401,448. I'd recommend coming to market at $301,000 to $311,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78121. Being 300 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1996, this home is 21 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 78121; a balanced market based on recent absorption. The trend in 78121 shows prices have fallen 32% in the past 6 months. 112 Oakmont LN, La Vernia TX 78121 nearby adjusts to $399,015; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group