The comparable sales data (5 recent transactions in STONEHEDGE ESTATES) supports an estimated value of $1,565,812. The data suggests a list price between $1,534,000 and $1,597,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 4 comparable homes on the market in STONEHEDGE ESTATES's current inventory. Being 100 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.71 acres versus 0.62 for the typical comp. The strength of this estimate comes from 5 directly comparable sales in STONEHEDGE ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group