Reviewing the most recent comparable transactions, this home's market value falls around $838,659. For a well positioned listing in 78733, I'd target the $961,000 to $1,040,000 range. In the current 78733 market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. The 2001 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in 78733, listed between $814,900 and $1,795,000. Recent trends in 78733 show home values have risen 17.6% since 6 months ago. The most comparable recent sale is 9409 Caracas DR, Austin TX 78733, with an adjusted value of $757,902; a strong comparable. 7 comparable transactions in 78733 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