After reviewing 5 recent transactions in SOUTH CREEK, I estimate this property's value at $389,631. A competitive list price for this home right now would fall in the $252,000 to $262,000 range. This would position the home competitively among 4 active listings in SOUTH CREEK. At 230 sqft larger than the typical comp, the size difference factors into the valuation. The active market in SOUTH CREEK includes 4 comparable homes priced from $249,000 to $398,000. Prices in SOUTH CREEK have risen 6.2% over the last 6 months. A similar home at 2004 Mimosa TRL, Round Rock TX 78664 carries an adjusted comparable value of $399,219, providing a strong data point. With 5 comparable sales in SOUTH CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group