16001 CHATEAU, Austin TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,945,885. To generate strong buyer interest while maximizing value, I'd price this between $1,297,000 and $1,307,000. In the current VINEYARD BAY market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. The 1993 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in VINEYARD BAY; a buyer's market based on recent absorption. The trend in 78734 shows prices have fallen 10.7% in the past 6 months. 15902 Soleil CT, Austin TX 78734 nearby adjusts to $2,349,115; with a smaller floor plan and a pool. 5 comparable transactions in VINEYARD BAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group