Taking into account 7 nearby comparable sales, this property's estimated value comes to $812,978. If we were to list this property today, I'd recommend a list price in the $695,000 to $705,000 range. This home's position in the current 78717 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (351 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in 78717 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78717: risen 0.8%. The best comp here is 15408 Prestancia DR, Austin TX 78717 at an adjusted value of $710,370, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78717. 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
