16 Tournament WAY # 22, The Hills TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $384,661. To generate strong buyer interest while maximizing value, I'd price this between $233,000 and $243,000. In the current GUEST QUARTERS OF ACADEMY PLAC market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (258 sqft vs the comp average) plays a role in how the market prices it. The 1982 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in GUEST QUARTERS OF ACADEMY PLAC includes 4 comparable homes priced from $279,000 to $499,900. The trend in 78738 shows prices have risen 2% in the past 6 months. 16 Tournament WAY # 19, The Hills TX 78738 nearby adjusts to $452,716; with a larger floor plan. 7 comparable transactions in GUEST QUARTERS OF ACADEMY PLAC 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