Taking into account 7 nearby comparable sales, this property's estimated value comes to $488,268. If we were to list this property today, I'd recommend a list price in the $479,000 to $498,000 range. Relative to what's currently available in PIONEER CROSSING, this home would be the most affordable of 5 comparable homes on the market. Being built in 2005 (14 years older than comps) is factored into the value estimate. Lot size matters here: 0.38 acres versus 0.25 for the typical comp. There are currently 5 similar homes on the market in PIONEER CROSSING, ranging from $465,000 to $546,000. The 6 month price trend in PIONEER CROSSING: fallen 14.9%. The best comp here is 8012 Arbia CV, Round Rock TX 78665 at an adjusted value of $482,645, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in PIONEER CROSSING. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group