The market data from 7 similar recent sales in JESTER FARMS points to a value of approximately $354,777. To sell within a reasonable timeframe at fair market value, the $368,000 to $377,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in JESTER FARMS. With 7 similar homes currently listed in JESTER FARMS (a buyer's market), competition is a factor to consider. In JESTER FARMS, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 1869 Wallin LOOP, Round Rock TX 78664, adjusting to $332,934; a strong comparable. 7 comparable transactions in JESTER FARMS 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