16 Tournament WAY # 20, The Hills TX 78738

After reviewing 7 recent transactions in GUEST QUARTERS OF ACADEMY PLAC, I estimate this property's value at $324,187. A competitive list price for this home right now would fall in the $314,000 to $334,000 range. This pricing would rank the home as above the only comparable home currently on the market in GUEST QUARTERS OF ACADEMY PLAC's current inventory. The smaller floor plan (840 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.05 acres versus the area average of 0.14) contributes to the valuation. There are currently 1 similar homes on the market in GUEST QUARTERS OF ACADEMY PLAC, ranging from $327,500 to $327,500. Prices in 78738 have fallen 4.2% over the last 6 months. A similar home at 5 Tournament WAY # 12, The Hills TX 78738 carries an adjusted comparable value of $288,995, providing a strong data point. With 7 comparable sales in GUEST QUARTERS OF ACADEMY PLAC, 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