My analysis of 7 comparable properties puts this home's estimated value at $500,447. Based on how the local market is moving, a list price between $513,000 and $520,000 would position this home well. Relative to what's currently available in TERAVISTA, this home would be the 4th most expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in TERAVISTA, listed between $420,000 and $569,999. The 6 month price trend in TERAVISTA: risen 2.8%. The best comp here is 4211 Woodhaven TRL, Round Rock TX 78665 at an adjusted value of $519,778, with a smaller floor plan. The comp data here (7 sales in TERAVISTA) 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