After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $308,717. Pricing this home between $303,000 and $310,000 would put it in the competitive sweet spot for NORTH PARK. Relative to what's currently available in NORTH PARK, this home would be the most expensive of 4 comparable homes on the market. Being 809 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 5 years older than typical comps, the 2004 build date influences the valuation. 4 similar homes are currently available in NORTH PARK, creating a buyer's market for this price range. Market data shows NORTH PARK prices risen 5.3% over the last half year. The closest comparable sale, 807 Yosemite TRL, Taylor TX 76574 at an adjusted $309,760, is with a larger floor plan. With 5 comparable sales in NORTH PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group