10301 Milky Way DR, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $2,714,023. For a well positioned listing in PRESERVE RIVER PLACE, I'd target the $2,804,000 to $3,459,000 range. Against 3 similar active listings in PRESERVE RIVER PLACE, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (1,315 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.04 acres, the lot is larger than the 0.98 acre comp average, which factors into pricing. The active market in PRESERVE RIVER PLACE includes 3 comparable homes priced from $2,950,000 to $7,300,000. Recent trends in 78730 show home values have risen 12.7% since 6 months ago. The most comparable recent sale is 4400 River Place BLVD # 2, Austin TX 78730, with an adjusted value of $2,524,515; with a smaller floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group