My analysis of 3 comparable properties puts this home's estimated value at $580,360. Based on how the local market is moving, a list price between $682,000 and $703,000 would position this home well. This would position the home competitively among 7 active listings in FOREST CREEK. At 512 sqft larger than the typical comp, the size difference factors into the valuation. At 6 years newer than typical comps, the 2016 build date influences the valuation. Right now, 7 similar properties are competing for buyers in FOREST CREEK, listed between $665,000 and $995,000. The 6 month price trend in FOREST CREEK: risen 9%. The best comp here is 206 Paul Azinger CT, Round Rock TX 78664 at an adjusted value of $619,772, with a smaller floor plan. With 3 comparable sales in FOREST CREEK, 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
