Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,311,576. If we were to list this property today, I'd recommend a list price in the $1,533,000 to $1,721,000 range. This would position the home competitively among 7 active listings in VILLAS. The 106 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.33 acres versus 0.26 for the typical comp. 7 similar homes are currently available in VILLAS, creating a buyer's market for this price range. The 6 month price trend in VILLAS: fallen 43.9%. The best comp here is 1036 Liberty Park DR # 51A, Austin TX 78746 at an adjusted value of $1,207,207, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VILLAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group