After reviewing 3 recent transactions in BELLA STRADA, I estimate this property's value at $1,746,923. A competitive list price for this home right now would fall in the $1,238,000 to $1,248,000 range. Buyers shopping in BELLA STRADA right now would see this as a well positioned option among 6 comparable homes. The 320 sqft size difference versus comparable sales is reflected in the adjusted values. At 8 years newer than typical comps, the 2023 build date influences the valuation. Buyers in BELLA STRADA have 6 comparable options right now, with asking prices between $1,375,000 and $3,500,000. Prices in 78734 have fallen 6.5% over the last 6 months. A similar home at 205 Palazza Alto DR, Austin TX 78734 carries an adjusted comparable value of $1,522,544, providing a strong data point. With 3 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
