Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $289,208. To generate strong buyer interest while maximizing value, I'd price this between $294,000 and $310,000. In the current MESA RIDGE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 195 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.15 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in MESA RIDGE; based on recent absorption. The trend in MESA RIDGE shows prices have risen 10% in the past 6 months. 1602 Provident LN, Round Rock TX 78664 nearby adjusts to $280,690; a strong comparable. 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