The market data from 7 similar recent sales in WALSH RANCH points to a value of approximately $708,056. To sell within a reasonable timeframe at fair market value, the $687,000 to $729,000 range is where I'd position this. With 7 comparable homes on the market in WALSH RANCH, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 211 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in WALSH RANCH (a balanced market), competition is a factor to consider. In WALSH RANCH, home values have risen approximately 8.5% over the past 6 months. One of the strongest data points is 3519 Alexandrite WAY, Round Rock TX 78681, adjusting to $726,827; 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
