Reviewing the most recent comparable transactions, this home's market value falls around $228,291. For a well positioned listing in CHANDLER CREEK CONDO, I'd target the $237,000 to $239,000 range. Against 3 similar active listings in CHANDLER CREEK CONDO, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (679 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. 3 similar homes are currently available in CHANDLER CREEK CONDO, creating a buyer's market for this price range. Recent trends in 78664 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 509 Andover CV, Round Rock TX 78664, with an adjusted value of $222,397; a strong comparable. 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
