206 Frogmore LOOP, Uhland TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $246,221. To generate strong buyer interest while maximizing value, I'd price this between $203,000 and $213,000. Against 6 similar active listings in WATERMILL, this price point lands at the 3rd least expensive of 6 comparable homes on the market. Being 105 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in WATERMILL; a buyer's market based on recent absorption. The trend in WATERMILL shows prices have fallen 13.5% in the past 6 months. 449 Sandringham LOOP, Uhland TX 78640 nearby adjusts to $278,551; a strong comparable. 7 comparable transactions in WATERMILL 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