Based on 7 closed sales in CREEKMONT WEST, the data points to a value around $457,369 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $333,000 to $343,000. Relative to what's currently available in CREEKMONT WEST, this home would be the most expensive of 7 comparable homes on the market. Being built in 2005 (24 years newer than comps) is factored into the value estimate. Lot size matters here: 0.15 acres versus 0.26 for the typical comp. Current inventory shows 7 comparable homes in CREEKMONT WEST; a balanced market based on recent absorption. Market data shows 78681 prices risen 1% over the last half year. The closest comparable sale, 1103 Riverlawn DR, Round Rock TX 78681 at an adjusted $407,465, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
