The comparable sales data (7 recent transactions in RIVER BEND) supports an estimated value of $1,309,287. The data suggests a list price between $1,429,000 and $1,641,000 would attract qualified buyers without leaving money on the table. Buyers shopping in RIVER BEND right now would see this as a well positioned option among 2 comparable homes. This home's larger footprint (4,903 sqft vs the comp average) plays a role in how the market prices it. Being built in 2014 (6 years newer than comps) is factored into the value estimate. Buyers in RIVER BEND have 2 comparable options right now, with asking prices between $5,490,000 and $20,000,000. Prices in RIVER BEND have risen 8.1% over the last 6 months. A similar home at 12201 Capella TRL, Austin TX 78732 carries an adjusted comparable value of $1,117,200, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in RIVER BEND. 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
