Reviewing the most recent comparable transactions, this home's market value falls around $266,828. For a well positioned listing in SOUTH CREEK, I'd target the $202,000 to $212,000 range. In the current SOUTH CREEK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.09 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. 3 similar homes are currently available in SOUTH CREEK, creating a balanced market for this price range. Recent trends in SOUTH CREEK show home values have risen 1.1% since 6 months ago. The most comparable recent sale is 2428 Willow WAY, Round Rock TX 78664, with an adjusted value of $318,856; a strong comparable. The 7 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