The market data from 3 similar recent sales in FAIRWAYS BLACKHAWK points to a value of approximately $394,406. To sell within a reasonable timeframe at fair market value, the $339,000 to $349,000 range is where I'd position this. With 5 comparable homes on the market in FAIRWAYS BLACKHAWK, this price positions the property as the most expensive of 5 comparable homes on the market. The 1993 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. The active market in FAIRWAYS BLACKHAWK includes 5 comparable homes priced from $325,000 to $435,000. In 78660, home values have fallen approximately 4.5% over the past 6 months. One of the strongest data points is 19716 Diablo DR, Pflugerville TX 78660, adjusting to $350,562; a strong comparable. 3 comparable transactions in FAIRWAYS BLACKHAWK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
