1951 Rue De St Tropez, Austin TX 78746

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,499,427. Pricing this home between $2,227,000 and $4,548,000 would put it in the competitive sweet spot for ST. Buyers shopping in ST right now would see this as a well positioned option among 7 comparable homes. At 766 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.34 acres versus the area average of 0.28) contributes to the valuation. Current inventory shows 7 comparable homes in ST; a buyer's market based on recent absorption. Market data shows 78746 prices fallen 4.9% over the last half year. The closest comparable sale, 6004 Messenger Stake, Austin TX 78746 at an adjusted $2,036,768, is with a smaller floor plan. The comp data here (3 sales in ST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus