Taking into account 7 nearby comparable sales, this property's estimated value comes to $505,765. If we were to list this property today, I'd recommend a list price in the $540,000 to $558,000 range. Relative to what's currently available in FOREST CREEK, this home would be the 3rd most expensive of 6 comparable homes on the market. Lot size matters here: 0.23 acres versus 0.19 for the typical comp. Right now, 6 similar properties are competing for buyers in FOREST CREEK, listed between $490,000 and $699,000. The 6 month price trend in FOREST CREEK: fallen 26.4%. The best comp here is 722 Tom Kite DR, Round Rock TX 78664 at an adjusted value of $424,343, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FOREST CREEK. 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
