1415 Palomino Ridge DR, Austin TX 78733

The estimated value of this property is $1,632,229, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,321,000 and $1,331,000. Against 7 similar active listings in 78733, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (192 sqft vs the comp average) plays a role in how the market prices it. The 4.66 acre lot (larger than the 0.40 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78733, ranging from $1,439,000 to $2,950,000. Recent trends in 78733 show home values have risen 29.7% since 6 months ago. The most comparable recent sale is 1717 Allium DR, Austin TX 78733, with an adjusted value of $1,551,750; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group