The market data from 3 similar recent sales in CAT HOLLOW CONDO points to a value of approximately $252,775. To sell within a reasonable timeframe at fair market value, the $268,000 to $271,000 range is where I'd position this. In the current CAT HOLLOW CONDO market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 0.05 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in CAT HOLLOW CONDO, ranging from $260,000 to $289,000. One of the strongest data points is 16100 S Great Oaks DR # 3701, Round Rock TX 78681, adjusting to $236,207; with a smaller floor plan. The 3 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