After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,840,252. Pricing this home between $1,374,000 and $1,384,000 would put it in the competitive sweet spot for 78732. Relative to what's currently available in 78732, this home would be the most expensive of 7 comparable homes on the market. The 452 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (3.02 acres versus the area average of 1.08) contributes to the valuation. Current inventory shows 7 comparable homes in 78732; a balanced market based on recent absorption. Market data shows 78732 prices risen 12.6% over the last half year. The closest comparable sale, 909 Cypress Grove DR, Austin TX 78732 at an adjusted $2,904,661, is with a smaller floor plan and a pool. The comp data here (7 sales in 78732) 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
