The comparable sales data (5 recent transactions in RIVER PLACE) supports an estimated value of $1,033,481. The data suggests a list price between $897,000 and $907,000 would attract qualified buyers without leaving money on the table. This home's position in the current RIVER PLACE market: the most expensive of 7 comparable homes on the market among comparable properties. A pool adds market appeal. Only 5 minus 4 of the comps had one. Lot size matters here: 0.44 acres versus 0.36 for the typical comp. 7 similar homes are currently available in RIVER PLACE, creating a buyer's market for this price range. Prices in RIVER PLACE have fallen 5.4% over the last 6 months. A similar home at 4019 Love Bird LN, Austin TX 78730 carries an adjusted comparable value of $1,245,746, providing a strong data point. This estimate draws on 5 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