Reviewing the most recent comparable transactions, this home's market value falls around $434,153. For a well positioned listing in FOREST CREEK, I'd target the $437,000 to $446,000 range. Against 3 similar active listings in FOREST CREEK, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2014 construction puts this home 5 years newer than the comp average, a factor in the pricing. Buyers in FOREST CREEK have 3 comparable options right now, with asking prices between $399,900 and $476,000. Recent trends in FOREST CREEK show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 306 Tom Kite DR, Round Rock TX 78664, with an adjusted value of $420,800; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group