Taking into account 7 nearby comparable sales, this property's estimated value comes to $376,791. If we were to list this property today, I'd recommend a list price in the $283,000 to $293,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in EAGLE RIDGE's current inventory. The larger floor plan (127 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in EAGLE RIDGE; a seller's market based on recent absorption. The 6 month price trend in EAGLE RIDGE: risen 0.1%. The best comp here is 1103 Terra ST, Round Rock TX 78665 at an adjusted value of $348,248, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in EAGLE RIDGE. 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