The market data from 4 similar recent sales in FAIRWAYS BLACKHAWK points to a value of approximately $394,401. To sell within a reasonable timeframe at fair market value, the $395,000 to $425,000 range is where I'd position this. With 5 comparable homes on the market in FAIRWAYS BLACKHAWK, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 1993 construction puts this home 7 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 $384,900 to $455,000. In 78660, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 19716 Diablo DR, Pflugerville TX 78660, adjusting to $350,501; a strong comparable. 4 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
