Taking into account 3 nearby comparable sales, this property's estimated value comes to $2,321,032. If we were to list this property today, I'd recommend a list price in the $1,390,000 to $1,400,000 range. This would position the home competitively among 7 active listings in VILLAS. The 481 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2007 (8 years newer than comps) is factored into the value estimate. 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 53.4%. The best comp here is 1305 Constant Springs DR, Austin TX 78746 at an adjusted value of $2,194,095, with a larger floor plan. The strength of this estimate comes from 3 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
