220 N River Hills, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $5,041,577. For a well positioned listing in 78733, I'd target the $2,153,000 to $2,163,000 range. In the current 78733 market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. Being 1,857 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5.02 acres, the lot is larger than the 1.67 acre comp average, which factors into pricing. With 6 similar homes currently listed in 78733 (a buyer's market), competition is a factor to consider. Recent trends in 78733 show home values have risen 20.3% since 6 months ago. The most comparable recent sale is 1401 N Weston LN, Austin TX 78733, with an adjusted value of $9,955,948; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group