Taking into account 5 nearby comparable sales, this property's estimated value comes to $288,011. If we were to list this property today, I'd recommend a list price in the $353,000 to $361,000 range. This home's position in the current NORTH PARK market: the most affordable of 7 comparable homes on the market among comparable properties. The 380 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (5 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in NORTH PARK (a balanced market), competition is a factor to consider. The 6 month price trend in NORTH PARK: risen 32.4%. The best comp here is 509 Big Bend TRL, Taylor TX 76574 at an adjusted value of $311,440, with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in NORTH PARK. 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