The estimated value of this property is $805,033, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $858,000 and $870,000. Against 7 similar active listings in PEARSON PLACE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 135 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2014, this home is 6 years newer than the average comp, which is reflected in the adjustments. The active market in PEARSON PLACE includes 7 comparable homes priced from $745,000 to $900,000. Recent trends in PEARSON PLACE show home values have risen 136.3% since 6 months ago. The most comparable recent sale is 9804 Faith And Trust CV, Austin TX 78717, with an adjusted value of $991,216; with a larger floor plan. Based on 6 relevant data points in PEARSON PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX