The market data from 4 similar recent sales in CHANDLER CREEK points to a value of approximately $361,329. To sell within a reasonable timeframe at fair market value, the $386,000 to $405,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in CHANDLER CREEK. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. 5 similar homes are currently available in CHANDLER CREEK, creating a balanced market for this price range. In CHANDLER CREEK, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 1206 Champion DR, Round Rock TX 78664, adjusting to $371,860; a strong comparable. The 4 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