8 Tournament WAY # 17, The Hills TX 78738

After reviewing 7 recent transactions in GUEST QUARTERS OF ACADEMY PLAC, I estimate this property's value at $413,612. A competitive list price for this home right now would fall in the $317,000 to $327,000 range. This pricing would rank the home as below the only comparable home currently on the market in GUEST QUARTERS OF ACADEMY PLAC's current inventory. At 803 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.05 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 1 comparable homes in GUEST QUARTERS OF ACADEMY PLAC; a buyer's market based on recent absorption. Prices in 78738 have fallen 2.4% over the last 6 months. A similar home at 5 Tournament WAY # 12, The Hills TX 78738 carries an adjusted comparable value of $299,108, providing a strong data point. The comp data here (7 sales in GUEST QUARTERS OF ACADEMY PLAC) 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