After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $883,035. Pricing this home between $1,025,000 and $1,049,000 would put it in the competitive sweet spot for TRAVIS SETTLEMENT. This home's position in the current TRAVIS SETTLEMENT market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The larger lot (1.62 acres versus the area average of 0.78) contributes to the valuation. Right now, 4 similar properties are competing for buyers in TRAVIS SETTLEMENT, listed between $895,000 and $1,250,000. 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 $804,983, is with a larger floor plan. The comp data here (7 sales in TRAVIS SETTLEMENT) 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