The comparable sales data (3 recent transactions in 78734) supports an estimated value of $892,387. The data suggests a list price between $754,000 and $764,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78734's current inventory. This home's larger footprint (441 sqft vs the comp average) plays a role in how the market prices it. Being built in 2020 (8 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in 78734, ranging from $749,000 to $2,850,000. Prices in 78734 have fallen 10.7% over the last 6 months. A similar home at 15089 Joseph DR, Austin TX 78734 carries an adjusted comparable value of $1,012,582, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in 78734. 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
