Reviewing the most recent comparable transactions, this home's market value falls around $602,132. For a well positioned listing in SHADY HOLLOW WEST, I'd target the $590,000 to $614,000 range. Against 7 similar active listings in SHADY HOLLOW WEST, this price point lands at the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (162 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in SHADY HOLLOW WEST, ranging from $395,000 to $698,000. Recent trends in 78739 show home values have risen 4.3% since 6 months ago. The most comparable recent sale is 2920 Warwick WAY, Austin TX 78748, with an adjusted value of $592,799; with a smaller floor plan. The 3 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