The property value of 283 Apple Cross Way, Murray, Utah is shaped by a mix of location, condition, market demand, and recent comparable sales. Current estimates place its value between $401,000 and $422,400, reflecting steady demand in the Murray housing market. Understanding the factors that influence this price is essential for buyers, sellers, and investors.
What Determines the Value of 283 Apple Cross Way?
Property values are never random—they are shaped by a combination of location, features, and market conditions. The home at 283 Apple Cross Way in Murray, Utah currently carries an estimated price in the $401,000–$422,400 range, but several important factors play a role in how this value is set.
Current estimates place its worth between $401,000 and $422,400, highlighting steady demand in the Murray housing market. For buyers, sellers, and investors, understanding these price factors is critical for making informed real estate decisions.
What Determines the Value of 283 Apple Cross Way?
Property values do not appear by chance—they are built from multiple contributing factors. For this Murray home, several elements define its price, keeping it stable in the low $400k range.
Property Overview
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What neighborhood features surround 283 Apple Cross Way, Murray, Utah?
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Is 283 Apple Cross Way in Murray, Utah a good investment property?
Market Insights
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How can I check the latest real estate listings for 283 Apple Cross Way, Murray, Utah?
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What factors influence the property value at 283 Apple Cross Way in Murray, Utah?
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What is the estimated price of a home at 283 Apple Cross Way, Murray, Utah?
Key Factors Influencing the Value
1. Location and Neighborhood Appeal
Murray’s central location, access to schools, shopping centers, parks, and commuter routes make this property attractive for both families and working professionals. Strong neighborhood desirability supports its value.
2. Market Demand
High demand paired with limited inventory ensures that homes like 283 Apple Cross Way remain competitive. Buyer interest in Murray continues to hold prices steady.
3. Property Size and Layout
Square footage, number of bedrooms, and functional layouts are direct value drivers. Larger or updated floor plans often lead to higher valuations.
4. Condition and Upgrades
Modern upgrades such as renovated kitchens, bathrooms, or energy-efficient systems raise the value. Outdated finishes or necessary repairs, however, may hold it back.
5. Comparable Sales (Comps)
Nearby sales are one of the most reliable benchmarks. This property was previously listed close to $430,000, showing alignment with current online estimates.
Key Highlights
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Estimated Price Range: $401,000–$422,400 (based on Redfin, Trulia, Zillow).
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Market Driver: Ongoing buyer activity in Murray supports price stability.
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Past Listing Price: Around $430,000, confirming consistency in valuation.
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Location Advantage – Murray’s access to schools, shopping, and transport strengthens long-term value.
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Market Demand – Strong buyer activity keeps properties in demand around the $400k range.
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Size & Layout – Bedroom count, bathrooms, and square footage remain major value influencers.
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Condition & Upgrades – Renovations add value, while outdated features reduce it.
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Comparable Sales – Past sales, including listings near $430,000, define realistic pricing.
Comparison Table: Estimated Values
| Source | Estimated Price | Notes |
|---|---|---|
| Redfin | $411,768 (Range: $392k–$466k) | Provides a central estimate with a flexible range. |
| Trulia | $422,400 | Reflects slightly higher market expectations. |
| Zillow | $401,000 | Based on a similar nearby property in Murray. |
| Past Listing | $430,000 | Shows stability in historical pricing for this property. |
The value of 283 Apple Cross Way, Murray, Utah is shaped by a mix of location, market demand, size, condition, and recent comparable sales. With consistent estimates between $401,000 and $422,400, this home highlights the broader stability of Murray’s housing market. Whether you are a buyer looking to negotiate, a seller planning to list, or an investor seeking reliable opportunities, understanding these pricing factors provides a solid foundation for smarter real estate decisions.
Conclusion
The property value of 283 Apple Cross Way, Murray, Utah is influenced by a blend of location, demand, size, condition, and neighborhood sales trends. With consistent estimates holding steady around the $400k range, this home reflects the broader stability of the Murray housing market. For anyone looking to buy, sell, or invest, these factors provide valuable guidance in making informed real estate decisions.