1440 Patterson RD, Austin TX 78733

After reviewing 7 recent transactions in PATTERSON PLACE, I estimate this property's value at $4,031,261. A competitive list price for this home right now would fall in the $2,010,000 to $2,020,000 range. This would position the home competitively among 4 active listings in PATTERSON PLACE. At 2,047 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (4.87 acres versus the area average of 1.55) contributes to the valuation. Right now, 4 similar properties are competing for buyers in PATTERSON PLACE, listed between $2,200,000 and $4,800,000. Prices in 78733 have fallen 12.3% over the last 6 months. A similar home at 1386 Patterson RD, Austin TX 78733 carries an adjusted comparable value of $3,089,258, providing a strong data point. The comp data here (7 sales in PATTERSON PLACE) 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