Based on 7 closed sales in TRAVIS SETTLEMENT, the data points to a value around $1,219,965 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $937,000 to $947,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in TRAVIS SETTLEMENT's current inventory. At 512 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2014 (10 years newer than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in TRAVIS SETTLEMENT, listed between $895,000 and $1,450,000. Market data shows TRAVIS SETTLEMENT prices fallen 66.8% over the last half year. The closest comparable sale, 19200 White Horse CV, Spicewood TX 78669 at an adjusted $880,201, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TRAVIS SETTLEMENT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
