1501 Richcreek RD, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $1,890,898. For a well positioned listing in CRESTVIEW, I'd target the $1,380,000 to $1,390,000 range. With 7 comparable homes on the market in CRESTVIEW, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 208 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1951 construction puts this home 74 years older than the comp average, a factor in the pricing. Buyers in CRESTVIEW have 7 comparable options right now, with asking prices between $1,199,000 and $2,249,999. Recent trends in CRESTVIEW show home values have risen 7.7% since 6 months ago. The most comparable recent sale is 1506 Cullen Ave, Austin TX 78757, with an adjusted value of $2,069,520; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group