Based on 7 closed sales in STERLING ACRES, the data points to a value around $1,429,722 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,121,000 to $1,131,000. Relative to what's currently available in STERLING ACRES, this home would be the 3rd most expensive of 7 comparable homes on the market. Being built in 2002 (5 years older than comps) is factored into the value estimate. Lot size matters here: 1.04 acres versus 0.80 for the typical comp. There are currently 7 similar homes on the market in STERLING ACRES, ranging from $1,100,000 to $1,699,000. Market data shows 78733 prices risen 49.6% over the last half year. The closest comparable sale, 801 Chrissys CV, Austin TX 78733 at an adjusted $1,227,157, is with a larger floor plan. 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