The estimated value of this property is $446,791, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $438,000 and $456,000. With 7 comparable homes on the market in SETTLERS OVERLOOK, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SETTLERS OVERLOOK; a buyer's market based on recent absorption. Recent trends in 78665 show home values have risen 4.3% since 6 months ago. The most comparable recent sale is 3335 Rod Carew DR, Round Rock TX 78665, with an adjusted value of $432,705; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group