10509 Milky Way DR, Austin TX 78730

My analysis of 3 comparable properties puts this home's estimated value at $2,239,372. Based on how the local market is moving, a list price between $2,526,000 and $2,599,000 would position this home well. This pricing would rank the home as the most affordable of 4 comparable homes on the market in 78730's current inventory. At 189 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.93 acres versus the area average of 1.05) contributes to the valuation. With 4 similar homes currently listed in 78730 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78730: risen 4.1%. The best comp here is 5722 Standing Rock DR, Austin TX 78730 at an adjusted value of $2,193,612, with a larger floor plan. The comp data here (3 sales in 78730) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus