Based on 7 closed sales in PRESERVE STONE OAK, the data points to a value around $394,934 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $408,000 to $412,000. This pricing would rank the home as the most expensive of 5 comparable homes on the market in PRESERVE STONE OAK's current inventory. At 133 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in PRESERVE STONE OAK have 5 comparable options right now, with asking prices between $335,000 and $439,000. Market data shows PRESERVE STONE OAK prices risen 6.9% over the last half year. The closest comparable sale, 3112 Blue Ridge DR, Round Rock TX 78681 at an adjusted $337,746, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PRESERVE STONE OAK. 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