4 recent sales within a mile of this address suggest a current value of $972,989. My recommended list price range for this property would be $981,000 to $1,152,000. Against 3 similar active listings in RIVER PLACE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The pool is a standout feature, with 2 of 4 comparable homes not offering one. Built in 2005, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in RIVER PLACE, listed between $840,000 and $1,100,000. In RIVER PLACE, home values have risen approximately 8.7% over the past 6 months. One of the strongest data points is 4201 Range View CV, Austin TX 78730, adjusting to $1,251,476; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
