10413 James Ryan WAY, Austin TX 78730

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,402,260. Pricing this home between $2,060,000 and $2,063,000 would put it in the competitive sweet spot for RIVER PLACE. This home's position in the current RIVER PLACE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The 491 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.40 acres versus the area average of 0.36) contributes to the valuation. Current inventory shows 7 comparable homes in RIVER PLACE; a balanced market based on recent absorption. Market data shows RIVER PLACE prices fallen 17.5% over the last half year. The closest comparable sale, 10005 Cormorant CV, Austin TX 78730 at an adjusted $1,177,295, is with a smaller floor plan. With 5 comparable sales in RIVER PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group