The comparable sales data (7 recent transactions in GREAT OAKS) supports an estimated value of $940,982. The data suggests a list price between $661,000 and $671,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in GREAT OAKS. At 141 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 2.25 acres versus 0.24 for the typical comp. There are currently 7 similar homes on the market in GREAT OAKS, ranging from $649,000 to $1,099,700. Prices in GREAT OAKS have fallen 42.2% over the last 6 months. A similar home at 2366 Masonwood WAY, Round Rock TX 78681 carries an adjusted comparable value of $1,016,924, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in GREAT 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