The estimated value of this property is $536,470, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $583,000 and $602,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in FOREST CRK. The larger floor plan (224 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 7 of 7 comparable homes not offering one. Buyers in FOREST CRK have 4 comparable options right now, with asking prices between $476,000 and $699,000. Recent trends in FOREST CRK show home values have fallen 54.3% since 6 months ago. The most comparable recent sale is 137 Paul Azinger DR, Round Rock TX 78664, with an adjusted value of $456,516; with no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
