The comparable sales data (7 recent transactions in VILLAS) supports an estimated value of $1,228,789. The data suggests a list price between $1,355,000 and $1,391,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in VILLAS. The 171 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2006 (9 years newer than comps) is factored into the value estimate. The active market in VILLAS includes 7 comparable homes priced from $1,195,000 to $1,595,000. Prices in VILLAS have fallen 33.1% over the last 6 months. A similar home at 1036 Liberty Park DR, Austin TX 78746 carries an adjusted comparable value of $1,052,700, providing a strong data point. 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
