The market data from 7 similar recent sales in HILLS LAKEWAY points to a value of approximately $809,494. To sell within a reasonable timeframe at fair market value, the $419,000 to $429,000 range is where I'd position this. In the current HILLS LAKEWAY market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 278 sqft size difference versus comparable sales is reflected in the adjusted values. The 2004 construction puts this home 8 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in HILLS LAKEWAY, ranging from $373,000 to $825,000. In HILLS LAKEWAY, home values have fallen approximately 10.1% over the past 6 months. One of the strongest data points is 6 Radnor DR, The Hills TX 78738, adjusting to $1,162,274; with a larger floor plan. 7 comparable transactions in HILLS LAKEWAY 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