My analysis of 3 comparable properties puts this home's estimated value at $1,002,657. Based on how the local market is moving, a list price between $1,105,000 and $1,277,000 would position this home well. This pricing would rank the home as the most affordable of 3 comparable homes on the market in HILLS LAKEWAY's current inventory. The larger floor plan (435 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 3 similar homes on the market in HILLS LAKEWAY, ranging from $1,099,000 to $1,460,000. The 6 month price trend in HILLS LAKEWAY: fallen 16.1%. The best comp here is 2 Dovedale CV, The Hills TX 78738 at an adjusted value of $1,066,112, with a pool. The comp data here (3 sales in HILLS LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus