The estimated value of this property is $196,142, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $192,000 and $200,000. In the current WINDERMERE market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The smaller floor plan (467 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 16 years older than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in WINDERMERE, creating a balanced market for this price range. Recent trends in WINDERMERE show home values have fallen 9.5% since 6 months ago. The most comparable recent sale is 16034 Stoneham CIR, Pflugerville TX 78660, with an adjusted value of $203,225; a strong comparable. With 6 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