After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,371,630. Pricing this home between $1,598,000 and $1,640,000 would put it in the competitive sweet spot for BLUFFS LOST CREEK. Relative to what's currently available in BLUFFS LOST CREEK, this home would be the 2nd least expensive of 4 comparable homes on the market. Having a pool is a plus; 5 of the 7 comps lacked one. The larger lot (0.51 acres versus the area average of 0.46) contributes to the valuation. 4 similar homes are currently available in BLUFFS LOST CREEK, creating a buyer's market for this price range. Market data shows 78746 prices risen 26.5% over the last half year. The closest comparable sale, 1306 Quaker Ridge DR, Austin TX 78746 at an adjusted $1,532,678, is with no pool. With 7 comparable sales in BLUFFS LOST CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group