10205 Milky Way DR, Austin TX 78730

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,815,375. To generate strong buyer interest while maximizing value, I'd price this between $3,090,000 and $3,386,000. Against 3 similar active listings in RIVER PLACE, PRESERVE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (1,391 sqft vs the comp average) plays a role in how the market prices it. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in RIVER PLACE, PRESERVE, creating a buyer's market for this price range. The trend in 78730 shows prices have risen 18.5% in the past 6 months. 4700 High Gate DR, Austin TX 78730 nearby adjusts to $2,579,970; with a smaller floor plan and a pool. 7 comparable transactions in RIVER PLACE, PRESERVE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group