Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,159,674. If we were to list this property today, I'd recommend a list price in the $1,253,000 to $1,261,000 range. This home's position in the current 78738 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (363 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in 78738, creating a balanced market for this price range. The 6 month price trend in 78738: risen 8.4%. The best comp here is 115 Burgess LN, Austin TX 78738 at an adjusted value of $1,253,027, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78738. 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
