Taking into account 4 nearby comparable sales, this property's estimated value comes to $636,874. If we were to list this property today, I'd recommend a list price in the $809,000 to $825,000 range. This would position the home competitively among 7 active listings in FOREST CREEK. The larger floor plan (348 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in FOREST CREEK; a buyer's market based on recent absorption. The 6 month price trend in FOREST CREEK: fallen 25.8%. The best comp here is 3840 Harvey Penick DR, Round Rock TX 78664 at an adjusted value of $664,236, a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus