Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,846,830. To generate strong buyer interest while maximizing value, I'd price this between $2,111,000 and $2,233,000. With 4 comparable homes on the market in STEINER RANCH, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (1,054 sqft compared to the average comp) is a meaningful differentiator in this price range. 4 similar homes are currently available in STEINER RANCH, creating a buyer's market for this price range. The trend in STEINER RANCH shows prices have fallen 1% in the past 6 months. 12804 Arbor Lake CV, Austin TX 78732 nearby adjusts to $1,758,567; a strong comparable. 7 comparable transactions in STEINER RANCH 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
