After reviewing 3 recent transactions in VILLAS COMMANDERS POINT CON, I estimate this property's value at $832,004. A competitive list price for this home right now would fall in the $1,035,000 to $1,175,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in VILLAS COMMANDERS POINT CON's current inventory. The larger lot (0.52 acres versus the area average of 0.45) contributes to the valuation. There are currently 7 similar homes on the market in VILLAS COMMANDERS POINT CON, ranging from $700,000 to $3,750,000. Prices in 78734 have fallen 6.5% over the last 6 months. A similar home at 5214 McCormick Mountain DR, Austin TX 78734 carries an adjusted comparable value of $877,857, providing a strong data point. With 3 comparable sales in VILLAS COMMANDERS POINT CON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
