Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,192,440. If we were to list this property today, I'd recommend a list price in the $1,326,000 to $1,374,000 range. Buyers shopping in RIVER DANCE right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (496 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.78 acres versus 0.30 for the typical comp. The active market in RIVER DANCE includes 7 comparable homes priced from $1,189,000 to $1,695,000. The 6 month price trend in RIVER DANCE: fallen 7.1%. The best comp here is 436 Santaluz PATH, Austin TX 78732 at an adjusted value of $1,326,321, with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in RIVER DANCE. 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