1422 Palomino Ridge DR, Austin TX 78733

Based on 4 closed sales in 78733, the data points to a value around $2,351,797 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,292,000 to $2,432,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 78733's current inventory. The 152 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2001 (5 years newer than comps) is factored into the value estimate. There are currently 2 similar homes on the market in 78733, ranging from $2,190,000 to $2,200,000. Market data shows 78733 prices risen 12.3% over the last half year. The closest comparable sale, 1386 Patterson RD, Austin TX 78733 at an adjusted $2,431,804, is with a pool. The strength of this estimate comes from 4 directly comparable sales in 78733. 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