The comparable sales data (7 recent transactions in 78734) supports an estimated value of $1,079,216. The data suggests a list price between $620,000 and $630,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78734, this home would be the 2nd most expensive of 7 comparable homes on the market. Lot size matters here: 0.42 acres versus 0.31 for the typical comp. Right now, 7 similar properties are competing for buyers in 78734, listed between $689,000 and $2,990,000. Prices in 78734 have fallen 10.7% over the last 6 months. A similar home at 15412 Barrie DR, Austin TX 78734 carries an adjusted comparable value of $943,029, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78734. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group