After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $846,872. Pricing this home between $1,040,000 and $1,111,000 would put it in the competitive sweet spot for CARDINAL HILLS. This home's position in the current CARDINAL HILLS market: the most affordable of 4 comparable homes on the market among comparable properties. The larger floor plan (623 sqft compared to the average comp) is a meaningful differentiator in this price range. At 11 years newer than typical comps, the 2019 build date influences the valuation. Right now, 4 similar properties are competing for buyers in CARDINAL HILLS, listed between $949,000 and $3,750,000. Market data shows CARDINAL HILLS prices risen 23.1% over the last half year. The closest comparable sale, 15408 JOSEPH DR, Austin TX 78734 at an adjusted $920,823, is with a smaller floor plan. With 7 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
