The estimated value of this property is $535,644, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $433,000 and $443,000. In the current ARBORETUM market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The 106 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1998, this home is 5 years newer than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in ARBORETUM, ranging from $375,000 to $649,970. Recent trends in 78759 show home values have risen 13.8% since 6 months ago. The most comparable recent sale is 10300 Morado CV # 805, Austin TX 78759, with an adjusted value of $334,831; a strong comparable. With 6 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
