After reviewing 7 recent transactions in 78737, I estimate this property's value at $1,079,523. A competitive list price for this home right now would fall in the $832,000 to $842,000 range. This would position the home competitively among 7 active listings in 78737. The larger lot (1.55 acres versus the area average of 0.93) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78737, listed between $824,900 and $1,620,000. Prices in 78737 have fallen 5.2% over the last 6 months. A similar home at 14415 Evergreen CV, Austin TX 78737 carries an adjusted comparable value of $894,630, providing a strong data point. The comp data here (7 sales in 78737) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus