Comparative Market Analysis

1685 Strasbourg Way, Henderson, NV 89014

Prepared by Daniel Kereczman | Adobe Real Estate
Living Area 682 sqft
Lot Size 5,391 sqft
Year Built 1993
Bed / Bath 1 / 1
Garage 1 Car
Pool Community
Strategic Pricing Recommended

Suggested List Price Range

$205,000 - $209,900

Strategy: "Best Value in Neighborhood"

To position this property as the clear "Best Value" choice, we must undercut the current active competition while aligning with the most recent confirmed sales data.

  • Competition (Active): Current active listings are priced between $216k - $230k. Pricing below $210k immediately flags this property as a deal.
  • Market Reality (Sold/Pending):
    • 1690 Normandy Way #824 (Exact Match: 682 sqft) Sold for $205,000 on 01/02/2026.
    • 1686 Normandy Way (Exact Match: 682 sqft) is Pending (Under Contract) at $210,000.

Verdict: A list price of $209,900 creates a competitive gap against the $216k+ actives, while $205,000 ensures an immediate sale by matching the most recent sold comp.

Market Valuations Automated Estimates
CoreLogic RealAVM™ $219,400
Subject Property PDF
Zillow Zestimate® $194,500
Online Estimate
Realtor.com ~$203,000
Online Estimate
Last Sold $215,000
May 2024

*Automated values often lag behind real-time market shifts. The manual CMA reflects the most current "Sold" data.

Search Boundaries: 2 mile radius around subject property | Property Type: Condo/Townhouse | Status: Active, Pending, Sold, Expired

Active Listings (Competition)

Address SqFt (House) Yr Built List Price $/SqFt DOM Notes
45 Maleena Mesa St #217 700 2003 $230,000 $328.57 - Higher price per sqft
45 Maleena Mesa St #425 700 2003 $220,000 $314.29 - Newer build (2003)
45 Maleena Mesa St #712 775 2003 $217,000 $280.00 - Larger unit
855 N Stephanie St #1115 710 2001 $216,999 $305.63 - Closest Active Price Comp

Under Contract / Pending

Address SqFt (House) Yr Built List Price $/SqFt DOM Notes
1686 Normandy Way 682 1994 $210,000 $307.92 1 Top Comp (Same Size/Area)
45 Maleena Mesa St #1012 775 2003 $215,000 $277.42 - No Show Status
1843 Mimosa Ct 630 1981 $200,000 $317.46 - Older build
45 Maleena Mesa St #112 775 2003 $190,000 $245.16 - Low outlier

Sold Listings (Past 6 Months)

Address SqFt (House) Yr Built Sold Price $/SqFt Sold Date Notes
1690 Normandy Way #824 682 1994 $205,000 $300.59 01/02/26 Most Recent & Direct Comp
764 Apple Tree Ct 630 1981 $205,000 $325.40 02/04/26 Smaller unit
659 Pepper Tree Cir 630 1979 $219,900 $349.05 08/29/25 Older, sold higher
45 Maleena Mesa St #211 700 2003 $190,000 $271.43 09/30/25 Sold lower

Expired Listings

Address SqFt (House) Yr Built List Price $/SqFt DOM Notes
1843 Mimosa Court 630 1981 $212,000 $336.51 - Failed to sell at $212k
45 Maleena Mesa St #223 700 2003 $210,000 $300.00 - Failed to sell at $210k