Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,135,631. To generate strong buyer interest while maximizing value, I'd price this between $1,851,000 and $1,861,000. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in WESTFIELD. The 327 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. 5 similar homes are currently available in WESTFIELD, creating a buyer's market for this price range. The trend in WESTFIELD shows prices have fallen 33.6% in the past 6 months. 1900 Stamford LN, Austin TX 78703 nearby adjusts to $2,425,637; with a smaller floor plan. 3 comparable transactions in WESTFIELD 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