After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $287,992. Pricing this home between $314,000 and $373,000 would put it in the competitive sweet spot for DOTY RIVER ESTATES. Buyers shopping in DOTY RIVER ESTATES right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (224 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years older than typical comps, the 1985 build date influences the valuation. There are currently 3 similar homes on the market in DOTY RIVER ESTATES, ranging from $290,000 to $425,000. Market data shows 78957 prices risen 4.8% over the last half year. The closest comparable sale, 303 Ponderosa RD, Bastrop TX 78602 at an adjusted $373,467, is a strong comparable. The comp data here (7 sales in DOTY RIVER ESTATES) 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