1905 Rue De St Tropez, Austin TX 78746

The market data from 7 similar recent sales in ST points to a value of approximately $2,230,082. To sell within a reasonable timeframe at fair market value, the $1,737,000 to $1,747,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in ST. The 2001 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.88 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ST; a balanced market based on recent absorption. In 78746, home values have risen approximately 10.9% over the past 6 months. One of the strongest data points is 3009 Pescadero CV, Austin TX 78746, adjusting to $2,017,960; with a larger floor plan. 7 comparable transactions in ST 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