After reviewing 7 recent transactions in WATERSMARK BARTON CREEK CONDO, I estimate this property's value at $2,159,547. A competitive list price for this home right now would fall in the $2,562,000 to $2,602,000 range. Buyers shopping in WATERSMARK BARTON CREEK CONDO right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.13 acres versus the area average of 0.44) contributes to the valuation. The active market in WATERSMARK BARTON CREEK CONDO includes 7 comparable homes priced from $1,999,999 to $3,995,000. Prices in 78735 have fallen 3.8% over the last 6 months. A similar home at 1200 Barton Creek BLVD # 28, Austin TX 78735 carries an adjusted comparable value of $2,425,820, providing a strong data point. With 7 comparable sales in WATERSMARK BARTON CREEK CONDO, 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
