The estimated value of this property is $1,663,178, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,461,000 and $1,471,000. In the current 78746 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 134 sqft larger than the average comparable sale in this area impacts the per square foot value. 7 similar homes are currently available in 78746, creating a buyer's market for this price range. Recent trends in 78746 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 3104 Mistyglen CIR, Austin TX 78746, with an adjusted value of $1,936,003; with a larger floor plan. 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