After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $425,959. Pricing this home between $346,000 and $356,000 would put it in the competitive sweet spot for CHANDLER CREEK. This home's position in the current CHANDLER CREEK market: the most expensive of 5 comparable homes on the market among comparable properties. The 316 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 6 of the 7 comps lacked one. Current inventory shows 5 comparable homes in CHANDLER CREEK; a balanced market based on recent absorption. Market data shows CHANDLER CREEK prices risen 6% over the last half year. The closest comparable sale, 1114 Champion DR, Round Rock TX 78664 at an adjusted $384,164, is with no pool. With 7 comparable sales in CHANDLER CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group