Reviewing the most recent comparable transactions, this home's market value falls around $509,285. For a well positioned listing in HUNTINGTON, I'd target the $331,000 to $341,000 range. With 7 comparable homes on the market in HUNTINGTON, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 782 sqft smaller than the typical comp, the size difference factors into the valuation. The 1988 construction puts this home 6 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in HUNTINGTON (a buyer's market), competition is a factor to consider. Recent trends in 78664 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 1305 Quail Ravine, Round Rock TX 78664, with an adjusted value of $561,211; with a larger floor plan and a pool. 7 comparable transactions in HUNTINGTON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
