After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $825,042. Pricing this home between $869,000 and $870,000 would put it in the competitive sweet spot for HILLS. Relative to what's currently available in HILLS, this home would be the 2nd most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in HILLS; a balanced market based on recent absorption. Market data shows 78738 prices risen 8.6% over the last half year. The closest comparable sale, 41 Tiburon DR, The Hills TX 78738 at an adjusted $811,218, is with a larger floor plan. The comp data here (7 sales in HILLS) 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