The comparable sales data (7 recent transactions in BARCLAY WOODS) supports an estimated value of $2,845,144. The data suggests a list price between $3,693,000 and $3,706,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 7 comparable homes on the market in BARCLAY WOODS's current inventory. At 813 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.50 acres versus 2.19 for the typical comp. 7 similar homes are currently available in BARCLAY WOODS, creating a buyer's market for this price range. Prices in 78746 have risen 16% over the last 6 months. A similar home at 1402 Barclay DR, Austin TX 78746 carries an adjusted comparable value of $2,413,100, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in BARCLAY WOODS. 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