12 Tourney LN, The Hills TX 78738

The market data from 6 similar recent sales in 78738 points to a value of approximately $736,847. To sell within a reasonable timeframe at fair market value, the $462,000 to $472,000 range is where I'd position this. In the current 78738 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 108 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2017 construction puts this home 6 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78738 (a buyer's market), competition is a factor to consider. In 78738, home values have fallen approximately 4.5% over the past 6 months. One of the strongest data points is 101 Hazeltine CT, Lakeway TX 78734, adjusting to $759,588; a strong comparable. 6 comparable transactions in 78738 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group