After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,060,493. Pricing this home between $1,039,000 and $1,082,000 would put it in the competitive sweet spot for SAGE CREEK. Buyers shopping in SAGE CREEK right now would see this as a well positioned option among 7 comparable homes. At 11 years newer than typical comps, the 2003 build date influences the valuation. The smaller lot (0.09 acres versus the area average of 0.15) contributes to the valuation. Buyers in SAGE CREEK have 7 comparable options right now, with asking prices between $495,999 and $1,999,500. Market data shows 78704 prices risen 0% over the last half year. The closest comparable sale, 1116 Mariposa DR # D, Austin TX 78704 at an adjusted $880,864, is a strong comparable. The comp data here (7 sales in SAGE CREEK) 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