The market data from 7 similar recent sales in PRESERVE STONE OAK points to a value of approximately $407,172. To sell within a reasonable timeframe at fair market value, the $419,000 to $422,000 range is where I'd position this. Among the similar homes currently available in PRESERVE STONE OAK, this price point stands out as competitive. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Buyers in PRESERVE STONE OAK have 5 comparable options right now, with asking prices between $350,000 and $449,900. In PRESERVE STONE OAK, home values have risen approximately 5.2% over the past 6 months. One of the strongest data points is 1149 Stone Forest TRL, Round Rock TX 78681, adjusting to $418,860; a strong comparable. 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