117 The Hills DR, The Hills TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $989,046. I'd recommend coming to market at $833,000 to $843,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in HILLS LAKEWAY, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. Being 301 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1991, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in HILLS LAKEWAY, listed between $899,000 and $1,375,000. The trend in HILLS LAKEWAY shows prices have fallen 8.6% in the past 6 months. 1 Sparrowglen LN, The Hills TX 78738 nearby adjusts to $1,082,420; with a larger floor plan and a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group