After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,438,957. Pricing this home between $1,069,000 and $1,079,000 would put it in the competitive sweet spot for WESTFIELD. This home's position in the current WESTFIELD market: the most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.34 acres versus the area average of 0.26) contributes to the valuation. Current inventory shows 3 comparable homes in WESTFIELD; a buyer's market based on recent absorption. Market data shows WESTFIELD prices risen 27.1% over the last half year. The closest comparable sale, 2208 Forest TRL, Austin TX 78703 at an adjusted $815,408, is with a larger floor plan. The comp data here (7 sales in WESTFIELD) 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