After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,067,106. Pricing this home between $1,537,000 and $1,723,000 would put it in the competitive sweet spot for VINEYARD BAY. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in VINEYARD BAY's current inventory. At 476 sqft larger than the typical comp, the size difference factors into the valuation. At 9 years older than typical comps, the 1996 build date influences the valuation. Buyers in VINEYARD BAY have 7 comparable options right now, with asking prices between $1,030,000 and $1,999,000. Market data shows VINEYARD BAY prices risen 53.4% over the last half year. The closest comparable sale, 3717 Eck LN, Austin TX 78734 at an adjusted $1,190,152, is with a smaller floor plan. With 3 comparable sales in VINEYARD BAY, 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
