7 recent sales within a mile of this address suggest a current value of $698,141. My recommended list price range for this property would be $590,000 to $600,000. Against 6 similar active listings in TERAVISTA, this price point lands at the 3rd least expensive of 6 comparable homes on the market. Built in 2006, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.35 acre lot (larger than the 0.31 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in TERAVISTA, listed between $549,000 and $850,000. In TERAVISTA, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 4517 Sansone DR, Round Rock TX 78665, adjusting to $798,612; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
