Based on 7 closed sales in VILLAGES HIDDEN LAKE, the data points to a value around $385,237 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $408,000 to $410,000. Relative to what's currently available in VILLAGES HIDDEN LAKE, this home would be the 2nd most expensive of 4 comparable homes on the market. Lot size matters here: 0.24 acres versus 0.21 for the typical comp. With 4 similar homes currently listed in VILLAGES HIDDEN LAKE (a buyer's market), competition is a factor to consider. Market data shows VILLAGES HIDDEN LAKE prices fallen 8% over the last half year. The closest comparable sale, 18724 Dry Lake LN, Pflugerville TX 78660 at an adjusted $366,871, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VILLAGES HIDDEN LAKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
