The estimated value of this property is $888,250, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $774,000 and $784,000. In the current RIDGE WILLOW CREEK #2 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 672 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 1 of 3 comparable homes not offering one. There are currently 3 similar homes on the market in RIDGE WILLOW CREEK #2, ranging from $729,851 to $899,000. Recent trends in 78666 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 2400 Summit Ridge DR, San Marcos TX 78666, with an adjusted value of $984,173; 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