16005 Chateau Ave, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $2,054,830. For a well positioned listing in VINEYARD BAY, I'd target the $1,645,000 to $1,655,000 range. In the current VINEYARD BAY market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 1.41 acres, the lot is larger than the 1.21 acre comp average, which factors into pricing. With 4 similar homes currently listed in VINEYARD BAY (a buyer's market), competition is a factor to consider. Recent trends in 78734 show home values have fallen 10.7% since 6 months ago. The most comparable recent sale is 201 BELLA CIMA DR, Austin TX 78734, with an adjusted value of $2,056,832; with a pool. 3 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