After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $791,646. Pricing this home between $872,000 and $944,000 would put it in the competitive sweet spot for 78738. Buyers shopping in 78738 right now would see this as a well positioned option among 3 comparable homes. Being 157 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in 78738; a buyer's market based on recent absorption. Market data shows 78738 prices fallen 0.6% over the last half year. The closest comparable sale, 107 Desert Forest CT, Lakeway TX 78738 at an adjusted $755,115, is a strong comparable. The comp data here (7 sales in 78738) 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
