17135 Majestic Ridge RD, Austin TX 78738

My analysis of 7 comparable properties puts this home's estimated value at $1,465,518. Based on how the local market is moving, a list price between $1,143,000 and $1,153,000 would position this home well. This home's position in the current 78738 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The 1,636 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (5.00 acres versus the area average of 0.55) contributes to the valuation. 7 similar homes are currently available in 78738, creating a buyer's market for this price range. The 6 month price trend in 78738: fallen 1.6%. The best comp here is 2 Heatherbloom LN, The Hills TX 78738 at an adjusted value of $1,668,313, with a smaller floor plan and a pool. With 7 comparable sales in 78738, 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