16 Tournament WAY # 24, The Hills TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $367,917. I'd recommend coming to market at $514,000 to $554,000 to strike the right balance between value and market velocity. In the current GUEST QUARTERS OF ACADEMY PLAC market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 170 sqft larger than the typical comp, the size difference factors into the valuation. The active market in GUEST QUARTERS OF ACADEMY PLAC includes 7 comparable homes priced from $339,900 to $638,500. The trend in 78738 shows prices have fallen 2.4% in the past 6 months. 2201 Lakeway BLVD # 2, Lakeway TX 78734 nearby adjusts to $282,197; with a smaller floor plan. With 3 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