The estimated value of this property is $3,336,480, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $3,236,000 and $3,437,000. Against 1 similar active listings in COSTA BELLA, this price point lands at below the only comparable home currently on the market. At 2,632 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2000, this home is 6 years older than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in COSTA BELLA, creating a buyer's market for this price range. Recent trends in COSTA BELLA show home values have risen 9.6% since 6 months ago. The most comparable recent sale is 101 Bella Cima DR, Austin TX 78734, with an adjusted value of $4,019,622; with a smaller floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group