Taking into account 5 nearby comparable sales, this property's estimated value comes to $1,138,595. If we were to list this property today, I'd recommend a list price in the $970,000 to $980,000 range. This home's position in the current 78738 market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. This home's larger footprint (669 sqft vs the comp average) plays a role in how the market prices it. 5 similar homes are currently available in 78738, creating a buyer's market for this price range. The 6 month price trend in 78738: fallen 2.3%. The best comp here is 11 Hightrail WAY, Austin TX 78738 at an adjusted value of $1,226,421, with a smaller floor plan. The strength of this estimate comes from 5 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
