Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,769,057. If we were to list this property today, I'd recommend a list price in the $1,973,000 to $2,040,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in WERKENTHIN's current inventory. The larger floor plan (1,533 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2006 (6 years newer than comps) is factored into the value estimate. There are currently 3 similar homes on the market in WERKENTHIN, ranging from $2,180,000 to $2,200,000. The 6 month price trend in 78733: fallen 12.3%. The best comp here is 1501 Canyon Edge DR, Austin TX 78733 at an adjusted value of $2,181,619, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus