Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $375,858. To generate strong buyer interest while maximizing value, I'd price this between $487,000 and $488,000. Against 6 similar active listings in NELSON, this price point lands at the most affordable of 6 comparable homes on the market. The 1979 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in NELSON, ranging from $355,000 to $699,999. The trend in 78664 shows prices have risen 0.3% in the past 6 months. 1108 Brushy Creek DR, Round Rock TX 78664 nearby adjusts to $487,344; with a larger floor plan. 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