After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $388,624. Pricing this home between $399,000 and $506,000 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 3rd least expensive of 7 comparable homes on the market. The 778 sqft size difference versus comparable sales is reflected in the adjusted values. At 13 years older than typical comps, the 2005 build date influences the valuation. Buyers in NORTH PARK have 7 comparable options right now, with asking prices between $324,999 and $875,000. Market data shows NORTH PARK prices risen 32.4% over the last half year. The closest comparable sale, 1020 Estes PARK, Taylor TX 76574 at an adjusted $388,358, is with a smaller floor plan. With 3 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