16 Green Terrace CV, Austin TX 78734

My analysis of 6 comparable properties puts this home's estimated value at $589,824. Based on how the local market is moving, a list price between $405,000 and $415,000 would position this home well. Relative to what's currently available in TERRACE THE PRESERVE CONDOM, this home would be the 2nd most expensive of 5 comparable homes on the market. This home's smaller footprint (168 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.28 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 5 comparable homes in TERRACE THE PRESERVE CONDOM; a buyer's market based on recent absorption. The 6 month price trend in 78734: fallen 7%. The best comp here is 36 Green Terrace CV, Lakeway TX 78734 at an adjusted value of $464,069, with a larger floor plan. With 6 comparable sales in TERRACE THE PRESERVE CONDOM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group