496 Sandringham LOOP, Uhland TX 78640

After reviewing 7 recent transactions in WATERMILL, I estimate this property's value at $232,656. A competitive list price for this home right now would fall in the $228,000 to $237,000 range. This pricing would rank the home as the most affordable of 5 comparable homes on the market in WATERMILL's current inventory. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. 5 similar homes are currently available in WATERMILL, creating a balanced market for this price range. Prices in WATERMILL have fallen 7.6% over the last 6 months. A similar home at 321 Ebbsfleet DR, Uhland TX 78640 carries an adjusted comparable value of $228,174, providing a strong data point. With 7 comparable sales in WATERMILL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group