Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $339,854. To generate strong buyer interest while maximizing value, I'd price this between $330,000 and $350,000. In the current CHANDLER CREEK market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 0.01 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CHANDLER CREEK; a balanced market based on recent absorption. The trend in CHANDLER CREEK shows prices have risen 6.5% in the past 6 months. 210 Pheasant RDG, Round Rock TX 78665 nearby adjusts to $306,374; a strong comparable. 7 comparable transactions in CHANDLER CREEK 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