1507 Resaca, Austin TX 78738

Based on 4 closed sales in 78738, the data points to a value around $1,700,797 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,911,000 to $1,915,000. This would position the home competitively among 3 active listings in 78738. The 292 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 3 similar homes on the market in 78738, ranging from $1,500,000 to $2,200,000. Market data shows 78738 prices fallen 1.3% over the last half year. The closest comparable sale, 1632 Resaca BLVD, Austin TX 78738 at an adjusted $1,915,311, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in 78738. 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