Based on a thorough analysis of comparable sales in the Charlotte, NC area, the estimated market value range for the subject property is between $232,816 and $273,306. This estimate is derived from 25 comparable properties located within a 1-mile radius, ensuring a focus on local market conditions. The average sale price of these comparables is $232,166, with an average price per square foot of $156.56. The subject property's condition, rated at a score of 8, positively influences its value through a condition multiplier of 1.09, reflecting its relatively new construction in 2023. Overall, the proximity and condition of the comparables significantly impact this valuation, providing a reliable estimate for the property.