Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $572,123. To generate strong buyer interest while maximizing value, I'd price this between $555,000 and $589,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in CIRCLE D EAST. This home's larger footprint (3,612 sqft vs the comp average) plays a role in how the market prices it. The 1987 construction puts this home 21 years older than the comp average, a factor in the pricing. The active market in CIRCLE D EAST includes 1 comparable homes priced from $849,000 to $849,000. The trend in 78659 shows prices have risen 5.6% in the past 6 months. 309 Cardinal DR, Paige TX 78659 nearby adjusts to $893,997; with a smaller floor plan. 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