Reviewing the most recent comparable transactions, this home's market value falls around $277,114. For a well positioned listing in EAGLE RIDGE, I'd target the $272,000 to $283,000 range. In the current EAGLE RIDGE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. The active market in EAGLE RIDGE includes 7 comparable homes priced from $289,000 to $350,000. Recent trends in EAGLE RIDGE show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 1009 Zeus CIR, Round Rock TX 78665, with an adjusted value of $268,587; with a smaller 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