The estimated value of this property is $926,507, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $807,000 and $817,000. In the current RIDGE WILLOW CREEK #2 market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 402 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.41 acre lot (larger than the 1.03 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in RIDGE WILLOW CREEK #2, ranging from $759,745 to $925,000. Recent trends in 78666 show home values have fallen 13.2% since 6 months ago. The most comparable recent sale is 1000 Mountain View DR, San Marcos TX 78666, with an adjusted value of $911,697; with a smaller floor plan. Based on 3 relevant data points in RIDGE WILLOW CREEK #2, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX