116 Reflection Bay CT, Austin TX 78738

Based on 7 closed sales in 78738, the data points to a value around $680,288 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $568,000 to $578,000. This home's position in the current 78738 market: the most expensive of 3 comparable homes on the market among comparable properties. Being 106 sqft smaller than the average comparable sale in this area impacts the per square foot value. Right now, 3 similar properties are competing for buyers in 78738, listed between $595,000 and $619,000. Market data shows 78738 prices fallen 0.7% over the last half year. The closest comparable sale, 414 Indianwood DR, Austin TX 78738 at an adjusted $713,852, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78738. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group