After reviewing 3 recent transactions in VILLAS COMMANDERS POINT CON, I estimate this property's value at $899,004. A competitive list price for this home right now would fall in the $1,048,000 to $1,175,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in VILLAS COMMANDERS POINT CON's current inventory. The 170 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.52 acres versus the area average of 0.56) contributes to the valuation. There are currently 7 similar homes on the market in VILLAS COMMANDERS POINT CON, ranging from $858,858 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
