The market data from 5 similar recent sales in TERAVISTA points to a value of approximately $339,012. To sell within a reasonable timeframe at fair market value, the $332,000 to $346,000 range is where I'd position this. Among the similar homes currently available in TERAVISTA, this price point stands out as competitive. Current inventory shows 7 comparable homes in TERAVISTA; a buyer's market based on recent absorption. In TERAVISTA, home values have risen approximately 8.3% over the past 6 months. One of the strongest data points is 742 Bent Wood PL, Round Rock TX 78665, adjusting to $349,305; a strong comparable. The 5 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