After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $878,119. Pricing this home between $1,042,000 and $1,088,000 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 4 comparable homes. This home's larger footprint (119 sqft vs the comp average) plays a role in how the market prices it. Buyers in SAGE CREEK have 4 comparable options right now, with asking prices between $1,050,000 and $1,295,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2140 Sage Creek LOOP, Austin TX 78704 at an adjusted $713,855, is a strong comparable. The comp data here (5 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