Reviewing the most recent comparable transactions, this home's market value falls around $512,725. For a well positioned listing in RD ONLY TERAVISTA, I'd target the $300,000 to $310,000 range. Against 7 similar active listings in RD ONLY TERAVISTA, this price point lands at the most expensive of 7 comparable homes on the market. At 675 sqft smaller than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in RD ONLY TERAVISTA includes 7 comparable homes priced from $319,000 to $439,000. Recent trends in 78665 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 1006 Mesquite Hollow PL, Round Rock TX 78665, with an adjusted value of $404,742; with a larger floor plan. 7 comparable transactions in RD ONLY TERAVISTA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
