Reviewing the most recent comparable transactions, this home's market value falls around $856,604. For a well positioned listing in CARDINAL HILLS, I'd target the $1,176,000 to $1,239,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in CARDINAL HILLS. The 2018 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.28 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. The active market in CARDINAL HILLS includes 7 comparable homes priced from $899,000 to $1,599,000. Recent trends in CARDINAL HILLS show home values have risen 23.1% since 6 months ago. The most comparable recent sale is 15408 JOSEPH DR, Austin TX 78734, with an adjusted value of $879,620; with a smaller floor plan. The 4 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
