The comparable sales data (5 recent transactions in APACHE SHORES) supports an estimated value of $1,352,929. The data suggests a list price between $993,000 and $1,003,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in APACHE SHORES, this home would be the most expensive of 3 comparable homes on the market. Being 665 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.55 acres versus 0.48 for the typical comp. Current inventory shows 3 comparable homes in APACHE SHORES; a buyer's market based on recent absorption. Prices in APACHE SHORES have risen 2.8% over the last 6 months. A similar home at 14002 Hunters Pass, Austin TX 78734 carries an adjusted comparable value of $957,377, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus