Taking into account 6 nearby comparable sales, this property's estimated value comes to $2,490,192. If we were to list this property today, I'd recommend a list price in the $1,520,000 to $1,530,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in WOODHAVEN's current inventory. The smaller floor plan (340 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 6 minus 2 of the comps had one. Current inventory shows 3 comparable homes in WOODHAVEN; a seller's market based on recent absorption. The 6 month price trend in WOODHAVEN: fallen 55.9%. The best comp here is 1707 Barn Swallow DR, Austin TX 78746 at an adjusted value of $2,601,320, with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in WOODHAVEN. 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
