After reviewing 7 recent transactions in FRIENDSHIP RANCH, I estimate this property's value at $843,803. A competitive list price for this home right now would fall in the $927,000 to $1,042,000 range. This home's position in the current FRIENDSHIP RANCH market: no active comparable homes on the market among comparable properties. At 170 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (3.00 acres versus the area average of 1.16) contributes to the valuation. Prices in 78737 have fallen 1.3% over the last 6 months. A similar home at 13420 Trail Driver ST, Austin TX 78737 carries an adjusted comparable value of $1,041,669, providing a strong data point. The comp data here (7 sales in FRIENDSHIP RANCH) 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
