11421 Naples CV, Austin TX 78739

My analysis of 7 comparable properties puts this home's estimated value at $941,245. Based on how the local market is moving, a list price between $981,000 and $992,000 would position this home well. Relative to what's currently available in 78739, this home would be the 3rd least expensive of 6 comparable homes on the market. Being 360 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.31 acres versus the area average of 0.26) contributes to the valuation. Current inventory shows 6 comparable homes in 78739; a balanced market based on recent absorption. The 6 month price trend in 78739: risen 6.3%. The best comp here is 7904 Ladera Verde DR, Austin TX 78739 at an adjusted value of $1,061,718, with a smaller floor plan. With 7 comparable sales in 78739, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group