Reviewing the most recent comparable transactions, this home's market value falls around $468,869. For a well positioned listing in FOREST CREEK, I'd target the $459,000 to $478,000 range. With 6 comparable homes on the market in FOREST CREEK, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (193 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 6 similar homes on the market in FOREST CREEK, ranging from $395,000 to $639,990. Recent trends in FOREST CREEK show home values have risen 22.8% since 6 months ago. The most comparable recent sale is 4002 Lord Byron CIR, Round Rock TX 78664, with an adjusted value of $450,617; 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
