Based on 3 closed sales in 78746, the data points to a value around $1,412,028 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,067,000 to $1,077,000. This would position the home competitively among 7 active listings in 78746. Being built in 1965 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.39 acres versus 0.35 for the typical comp. 7 similar homes are currently available in 78746, creating a buyer's market for this price range. Market data shows 78746 prices risen 2.2% over the last half year. The closest comparable sale, 4905 Southcrest DR, Austin TX 78746 at an adjusted $1,342,991, is a strong comparable. This estimate draws on 3 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