The comparable sales data (7 recent transactions in CAT HOLLOW) supports an estimated value of $357,580. The data suggests a list price between $241,000 and $251,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in CAT HOLLOW, this home would be the most expensive of 7 comparable homes on the market. The smaller floor plan (885 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2005 (11 years newer than comps) is factored into the value estimate. Buyers in CAT HOLLOW have 7 comparable options right now, with asking prices between $264,950 and $345,000. Prices in CAT HOLLOW have risen 6.3% over the last 6 months. A similar home at 8008 Tonkinese DR, Round Rock TX 78681 carries an adjusted comparable value of $377,625, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus