Reviewing the most recent comparable transactions, this home's market value falls around $1,540,934. For a well positioned listing in SENNA HILLS, I'd target the $1,647,000 to $1,685,000 range. In the current SENNA HILLS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (390 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 2 of 6 comparable sales didn't include one. With 7 similar homes currently listed in SENNA HILLS (a balanced market), competition is a factor to consider. Recent trends in SENNA HILLS show home values have risen 32.3% since 6 months ago. The most comparable recent sale is 10417 Peonia CT, Austin TX 78733, with an adjusted value of $1,416,882; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
