5 Tournament WAY # 6, The Hills TX 78738

The market data from 7 similar recent sales in GUEST QUARTERS OF ACADEMY PLAC points to a value of approximately $306,981. To sell within a reasonable timeframe at fair market value, the $298,000 to $316,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in GUEST QUARTERS OF ACADEMY PLAC. Being 1,056 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.05 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in GUEST QUARTERS OF ACADEMY PLAC, ranging from $269,000 to $269,000. In 78738, home values have fallen approximately 2.4% over the past 6 months. One of the strongest data points is 5 Tournament WAY # 12, The Hills TX 78738, adjusting to $261,050; a strong comparable. 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