The market data from 7 similar recent sales in AMBER OAKS points to a value of approximately $380,703. To sell within a reasonable timeframe at fair market value, the $430,000 to $461,000 range is where I'd position this. In the current AMBER OAKS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 108 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. 3 similar homes are currently available in AMBER OAKS, creating a balanced market for this price range. In 78729, home values have risen approximately 2.3% over the past 6 months. One of the strongest data points is 13400 Briarwick DR # 901, Austin TX 78729, adjusting to $381,088; with a smaller floor plan. 7 comparable transactions in AMBER OAKS 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