The estimated value of this property is $453,968, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $477,000 and $484,000. Among the similar homes currently available in DITTMAR CROSSING, this price point stands out as competitive. Being 125 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2004, this home is 7 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in DITTMAR CROSSING, ranging from $415,000 to $899,000. Recent trends in 78748 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 7711 Stephany Taylor DR, Austin TX 78745, with an adjusted value of $489,008; with a smaller floor plan. Based on 7 relevant data points in DITTMAR CROSSING, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX