The estimated value of this property is $1,263,617, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,494,000 and $1,504,000. Among the similar homes currently available in VILLAS, this price point stands out as competitive. At 183 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 7 similar homes on the market in VILLAS, ranging from $1,399,000 to $1,950,000. Recent trends in VILLAS show home values have fallen 53.4% since 6 months ago. The most comparable recent sale is 1036 Liberty Park DR # 53, Austin TX 78746, with an adjusted value of $1,602,280; with a larger floor plan. With 7 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