My analysis of 7 comparable properties puts this home's estimated value at $1,470,578. Based on how the local market is moving, a list price between $1,426,000 and $1,515,000 would position this home well. Relative to what's currently available in SENNA HILLS, this home would be below the only comparable home currently on the market. Having a pool is a plus; 4 of the 7 comps lacked one. At 5 years newer than typical comps, the 2005 build date influences the valuation. There are currently 1 similar homes on the market in SENNA HILLS, ranging from $1,300,000 to $1,300,000. The 6 month price trend in SENNA HILLS: risen 5%. The best comp here is 1708 Lemon Mint CT, Austin TX 78733 at an adjusted value of $1,430,593, with a smaller floor plan. The comp data here (7 sales in SENNA HILLS) 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