After reviewing 7 recent transactions in TONKAWA LAKE, I estimate this property's value at $746,775. A competitive list price for this home right now would fall in the $594,000 to $604,000 range. Buyers shopping in TONKAWA LAKE right now would see this as a well positioned option among 7 comparable homes. The 131 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years newer than typical comps, the 2009 build date influences the valuation. There are currently 7 similar homes on the market in TONKAWA LAKE, ranging from $575,000 to $900,000. Prices in 78681 have fallen 3.7% over the last 6 months. A similar home at 2231 Falkirk DR, Round Rock TX 78681 carries an adjusted comparable value of $602,926, providing a strong data point. With 7 comparable sales in TONKAWA LAKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group