Taking into account 4 nearby comparable sales, this property's estimated value comes to $654,174. If we were to list this property today, I'd recommend a list price in the $761,000 to $792,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in FOREST CREEK's current inventory. At 796 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2018 (11 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in FOREST CREEK, listed between $699,000 and $939,990. The 6 month price trend in FOREST CREEK: fallen 27.8%. The best comp here is 3840 Harvey Penick DR, Round Rock TX 78664 at an adjusted value of $760,272, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in FOREST CREEK. 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