After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $398,138. Pricing this home between $390,000 and $406,000 would put it in the competitive sweet spot for SPRINGBROOK CENTRE. Buyers shopping in SPRINGBROOK CENTRE right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (368 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 1994 build date influences the valuation. The comp data here (3 sales in SPRINGBROOK CENTRE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus