Based on 7 closed sales in 78734, the data points to a value around $1,111,618 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,428,000 to $1,461,000. Buyers shopping in 78734 right now would see this as a well positioned option among 4 comparable homes. Being 153 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.04 acres versus 0.39 for the typical comp. The active market in 78734 includes 4 comparable homes priced from $1,125,000 to $3,750,000. Market data shows 78734 prices fallen 10.7% over the last half year. The closest comparable sale, 204 Lake Como DR, Austin TX 78734 at an adjusted $829,106, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
