After reviewing 7 recent transactions in BELLA STRADA, I estimate this property's value at $2,476,865. A competitive list price for this home right now would fall in the $1,691,000 to $1,701,000 range. Buyers shopping in BELLA STRADA right now would see this as a well positioned option among 7 comparable homes. At 14 years newer than typical comps, the 2023 build date influences the valuation. The larger lot (1.07 acres versus the area average of 1.01) contributes to the valuation. Buyers in BELLA STRADA have 7 comparable options right now, with asking prices between $1,750,000 and $3,500,000. Prices in 78734 have fallen 9% over the last 6 months. A similar home at 306 Bella Montagna CIR, Austin TX 78734 carries an adjusted comparable value of $2,516,141, providing a strong data point. With 7 comparable sales in BELLA STRADA, 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
