After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $471,428. Pricing this home between $404,000 and $414,000 would put it in the competitive sweet spot for 78664. This home's position in the current 78664 market: the most expensive of 6 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 1999 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.22) contributes to the valuation. The active market in 78664 includes 6 comparable homes priced from $425,000 to $539,990. Market data shows 78664 prices fallen 3.3% over the last half year. The closest comparable sale, 3611 Winding WAY, Round Rock TX 78664 at an adjusted $496,372, is with a smaller floor plan. The comp data here (7 sales in 78664) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus