After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $894,148. Pricing this home between $867,000 and $921,000 would put it in the competitive sweet spot for CARDINAL HILLS. This home's position in the current CARDINAL HILLS market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (560 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years newer than typical comps, the 2019 build date influences the valuation. Right now, 5 similar properties are competing for buyers in CARDINAL HILLS, listed between $799,999 and $3,500,000. Market data shows CARDINAL HILLS prices risen 7.4% over the last half year. The closest comparable sale, 15100 Canary ST, Austin TX 78734 at an adjusted $858,638, is with a smaller floor plan and a pool. With 3 comparable sales in CARDINAL HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
