10216 Milky Way DR, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $2,491,628. For a well positioned listing in PRESERVE RIVER PLACE, I'd target the $2,565,000 to $2,785,000 range. Among the similar homes currently available in PRESERVE RIVER PLACE, this price point stands out as competitive. Being 1,843 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2005 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in PRESERVE RIVER PLACE includes 2 comparable homes priced from $2,950,000 to $7,300,000. Recent trends in 78730 show home values have risen 14.1% since 6 months ago. The most comparable recent sale is 7001 Oak Shores DR, Austin TX 78730, with an adjusted value of $5,977,874; with a smaller floor plan and a pool. 7 comparable transactions in PRESERVE RIVER PLACE 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