Based on 7 closed sales in PRESERVE STONE OAK, the data points to a value around $331,458 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $370,000 to $371,000. This would position the home competitively among 6 active listings in PRESERVE STONE OAK. This home's smaller footprint (295 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 6 comparable homes in PRESERVE STONE OAK; a buyer's market based on recent absorption. Market data shows PRESERVE STONE OAK prices risen 8.5% over the last half year. The closest comparable sale, 1138 Stone Forest TRL, Round Rock TX 78681 at an adjusted $357,164, is with a larger 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