After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $2,545,762. Pricing this home between $2,803,000 and $2,868,000 would put it in the competitive sweet spot for LA PRELLE PLACE. This home's position in the current LA PRELLE PLACE market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. Having a pool is a plus; 1 of the 6 comps lacked one. Right now, 6 similar properties are competing for buyers in LA PRELLE PLACE, listed between $2,199,000 and $3,499,000. Market data shows 78704 prices fallen 2.8% over the last half year. The closest comparable sale, 703 Fletcher ST, Austin TX 78704 at an adjusted $2,273,969, is with a larger floor plan. The comp data here (6 sales in LA PRELLE PLACE) 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
