Based on 4 closed sales in VISTA OAKS, the data points to a value around $538,933 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $523,000 to $555,000. This pricing would rank the home as below the only comparable home currently on the market in VISTA OAKS's current inventory. Being 152 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1995 (6 years older than comps) is factored into the value estimate. With 1 similar homes currently listed in VISTA OAKS (a balanced market), competition is a factor to consider. Market data shows VISTA OAKS prices risen 17.2% over the last half year. The closest comparable sale, 3729 Galena Hills LOOP, Round Rock TX 78681 at an adjusted $506,797, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in VISTA OAKS. 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