The comparable sales data (7 recent transactions in 78746) supports an estimated value of $1,258,480. The data suggests a list price between $452,000 and $462,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 4 active listings in 78746. This home's smaller footprint (1,108 sqft vs the comp average) plays a role in how the market prices it. Being built in 2000 (16 years newer than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in 78746, listed between $399,900 and $1,199,950. Prices in 78746 have risen 8.3% over the last 6 months. A similar home at 201 BULIAN LN # B, Austin TX 78746 carries an adjusted comparable value of $1,005,468, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78746. 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