Taking into account 6 nearby comparable sales, this property's estimated value comes to $373,246. If we were to list this property today, I'd recommend a list price in the $373,000 to $375,000 range. Relative to what's currently available in COTTAGES LAKE CREEK CONDO, this home would be the 2nd most expensive of 6 comparable homes on the market. A pool adds market appeal. Only 6 minus 6 of the comps had one. Lot size matters here: 0.00 acres versus 0.16 for the typical comp. With 6 similar homes currently listed in COTTAGES LAKE CREEK CONDO (a balanced market), competition is a factor to consider. The 6 month price trend in 78750: fallen 21.8%. The best comp here is 13604 Caldwell DR # 25, Austin TX 78750 at an adjusted value of $376,357, with a smaller floor plan and no pool. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
