Based on 7 closed sales in TANGLEWILD ESTATES, the data points to a value around $1,005,265 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,111,000 to $1,136,000. Buyers shopping in TANGLEWILD ESTATES right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (1,172 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2010 (9 years newer than comps) is factored into the value estimate. 3 similar homes are currently available in TANGLEWILD ESTATES, creating a buyer's market for this price range. Market data shows 78758 prices fallen 4.5% over the last half year. The closest comparable sale, 1714 Woodwind LN, Austin TX 78758 at an adjusted $692,690, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TANGLEWILD ESTATES. 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