After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $541,539. Pricing this home between $525,000 and $558,000 would put it in the competitive sweet spot for 78734. This home's position in the current 78734 market: below the only comparable home currently on the market among comparable properties. Being 1,732 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.65 acres versus the area average of 0.38) contributes to the valuation. The active market in 78734 includes 1 comparable homes priced from $489,000 to $489,000. Market data shows 78734 prices fallen 10.4% over the last half year. The closest comparable sale, 14428 Tuscola CIR, Austin TX 78734 at an adjusted $430,750, is with a larger floor plan. The comp data here (7 sales in 78734) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus