1318 Rockcliff RD, Austin TX 78746

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,113,284. To generate strong buyer interest while maximizing value, I'd price this between $2,606,000 and $2,616,000. In the current LAKECLIFF market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 133 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.72 acres, the lot is larger than the 0.69 acre comp average, which factors into pricing. Buyers in LAKECLIFF have 7 comparable options right now, with asking prices between $2,145,000 and $4,950,000. The trend in 78746 shows prices have risen 26.7% in the past 6 months. 4800 Toreador DR, Austin TX 78746 nearby adjusts to $3,166,062; a strong comparable. 7 comparable transactions in LAKECLIFF support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group