After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $338,169. Pricing this home between $331,000 and $345,000 would put it in the competitive sweet spot for BISHOP CROSSING. Relative to what's currently available in BISHOP CROSSING, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 208 sqft larger than the average comparable sale in this area impacts the per square foot value. 3 similar homes are currently available in BISHOP CROSSING, creating a seller's market for this price range. Market data shows BISHOP CROSSING prices risen 14.6% over the last half year. The closest comparable sale, 2046 Ridge View DR, San Marcos TX 78666 at an adjusted $329,592, is with a smaller floor plan. The comp data here (7 sales in BISHOP CROSSING) 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