Reviewing the most recent comparable transactions, this home's market value falls around $491,905. For a well positioned listing in WOOD GLEN, I'd target the $366,000 to $376,000 range. With 5 comparable homes on the market in WOOD GLEN, this price positions the property as the most expensive of 5 comparable homes on the market. The smaller floor plan (556 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.16 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in WOOD GLEN; a buyer's market based on recent absorption. Recent trends in WOOD GLEN show home values have fallen 0.8% since 6 months ago. The most comparable recent sale is 2151 Woodston DR, Round Rock TX 78681, with an adjusted value of $496,128; a strong comparable. 7 comparable transactions in WOOD GLEN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group