Reviewing the most recent comparable transactions, this home's market value falls around $686,639. For a well positioned listing in BEHRENS RANCH, I'd target the $712,000 to $714,000 range. With 7 comparable homes on the market in BEHRENS RANCH, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 168 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in BEHRENS RANCH; a buyer's market based on recent absorption. Recent trends in BEHRENS RANCH show home values have risen 2.7% since 6 months ago. The most comparable recent sale is 2722 Cedar Springs PL, Round Rock TX 78681, with an adjusted value of $714,114; with a larger floor plan. 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
