The estimated value of this property is $1,082,191, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $875,000 and $885,000. With 6 comparable homes on the market in ROUGH HOLLOW LAKEWAY HIGHLANDS, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. At 539 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in ROUGH HOLLOW LAKEWAY HIGHLANDS have 6 comparable options right now, with asking prices between $839,000 and $1,225,000. Recent trends in 78738 show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 201 Tavish TRL, Austin TX 78738, with an adjusted value of $885,120; with a smaller floor plan. Based on 5 relevant data points in ROUGH HOLLOW LAKEWAY HIGHLANDS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
