238 Ponderosa LOOP, Paige TX 78659

Reviewing the most recent comparable transactions, this home's market value falls around $399,417. For a well positioned listing in PONDEROSA HOMESTEAD, I'd target the $305,000 to $315,000 range. With 2 comparable homes on the market in PONDEROSA HOMESTEAD, this price positions the property as the most expensive of 2 comparable homes on the market. At 229 sqft larger than the typical comp, the size difference factors into the valuation. The 2003 construction puts this home 11 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in PONDEROSA HOMESTEAD, listed between $295,000 and $365,000. Recent trends in 78659 show home values have risen 5.6% since 6 months ago. The most comparable recent sale is 128 Bridle CT, Bastrop TX 78602, with an adjusted value of $580,392; a strong comparable. The 6 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