The estimated value of this property is $2,259,248, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,519,000 and $2,576,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in COSTA BELLA. At 838 sqft larger than the typical comp, the size difference factors into the valuation. The 1.18 acre lot (larger than the 1.01 acre average) is reflected in the estimate. With 3 similar homes currently listed in COSTA BELLA (a buyer's market), competition is a factor to consider. Recent trends in COSTA BELLA show home values have risen 9.6% since 6 months ago. The most comparable recent sale is 201 BELLA CIMA DR, Austin TX 78734, with an adjusted value of $2,035,065; with a smaller floor plan and a pool. Based on 3 relevant data points in COSTA BELLA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX