After reviewing 3 recent transactions in PARK BLACKHAWK, I estimate this property's value at $369,461. A competitive list price for this home right now would fall in the $375,000 to $378,000 range. This home's position in the current PARK BLACKHAWK market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 150 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in PARK BLACKHAWK; a buyer's market based on recent absorption. Prices in PARK BLACKHAWK have fallen 5.8% over the last 6 months. A similar home at 2808 Mission Tejas DR, Pflugerville TX 78660 carries an adjusted comparable value of $372,198, providing a strong data point. With 3 comparable sales in PARK BLACKHAWK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group