The estimated value of this property is $548,615, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $538,000 and $560,000. In the current WOODCREEK market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (705 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in WOODCREEK, ranging from $425,000 to $995,000. Recent trends in WOODCREEK show home values have fallen 11.4% since 6 months ago. The most comparable recent sale is 8 Memory LN, Wimberley TX 78676, with an adjusted value of $541,035; with a smaller floor plan. Based on 3 relevant data points in WOODCREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX