Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,116,838. I'd recommend coming to market at $701,000 to $711,000 to strike the right balance between value and market velocity. Among the similar homes currently available in APACHE SHORES, this price point stands out as competitive. This home's larger footprint (938 sqft vs the comp average) plays a role in how the market prices it. The 0.31 acre lot (smaller than the 0.51 acre average) is reflected in the estimate. 6 similar homes are currently available in APACHE SHORES, creating a buyer's market for this price range. The trend in APACHE SHORES shows prices have risen 2.8% in the past 6 months. 1905 Big Horn DR, Austin TX 78734 nearby adjusts to $2,971,592; 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