Reviewing the most recent comparable transactions, this home's market value falls around $460,197. For a well positioned listing in SIENA, I'd target the $485,000 to $486,000 range. Against 7 similar active listings in SIENA, this price point lands at the 4th most expensive of 7 comparable homes on the market. The larger floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in SIENA, listed between $420,000 and $514,995. Recent trends in SIENA show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 5833 Bianca DR, Round Rock TX 78665, with an adjusted value of $540,875; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group