16020 Fontaine Ave, Austin TX 78734

Based on 3 closed sales in VINEYARD BAY, the data points to a value around $1,688,901 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,425,000 to $1,435,000. This home's position in the current VINEYARD BAY market: the most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (433 sqft vs the comp average) plays a role in how the market prices it. Being built in 1993 (8 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in VINEYARD BAY (a buyer's market), competition is a factor to consider. Market data shows VINEYARD BAY prices risen 42.5% over the last half year. The closest comparable sale, 15902 Soleil CT, Austin TX 78734 at an adjusted $1,986,975, is with a larger floor plan and a pool. The strength of this estimate comes from 3 directly comparable sales in VINEYARD BAY. 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