Based on 6 closed sales in COMANCHE CANYON RANCH AREA, the data points to a value around $1,127,551 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,567,000 to $1,649,000. This home's position in the current COMANCHE CANYON RANCH AREA market: the most affordable of 4 comparable homes on the market among comparable properties. The larger floor plan (965 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2016 (9 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in COMANCHE CANYON RANCH AREA; a buyer's market based on recent absorption. Market data shows 78732 prices fallen 0.4% over the last half year. The closest comparable sale, 13125 Villa Montana WAY, Austin TX 78732 at an adjusted $1,525,434, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in COMANCHE CANYON RANCH AREA. 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
