Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $356,631. I'd recommend coming to market at $273,000 to $283,000 to strike the right balance between value and market velocity. In the current EAGLE RIDGE market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in EAGLE RIDGE; a seller's market based on recent absorption. The trend in EAGLE RIDGE shows prices have risen 2% in the past 6 months. 3820 Concord DR, Round Rock TX 78665 nearby adjusts to $373,186; a strong comparable. Based on 7 relevant data points in EAGLE RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX