After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $346,897. Pricing this home between $356,000 and $357,000 would put it in the competitive sweet spot for SOUTH CREEK. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in SOUTH CREEK's current inventory. The larger lot (0.21 acres versus the area average of 0.17) contributes to the valuation. Right now, 5 similar properties are competing for buyers in SOUTH CREEK, listed between $299,000 and $387,500. Market data shows SOUTH CREEK prices risen 1.1% over the last half year. The closest comparable sale, 2204 Sycamore TRL, Round Rock TX 78664 at an adjusted $364,876, is a strong comparable. The comp data here (7 sales in SOUTH CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus