Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,754,336. I'd recommend coming to market at $2,285,000 to $2,967,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TRAVIS HEIGHTS, this price point stands out as competitive. Being 1,794 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2024, this home is 37 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in TRAVIS HEIGHTS (a buyer's market), competition is a factor to consider. The trend in TRAVIS HEIGHTS shows prices have fallen 16.9% in the past 6 months. 2109 Glendale PL, Austin TX 78704 nearby adjusts to $1,634,818; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group