2314 ISLAND WOOD RD, Austin TX 78733

My analysis of 7 comparable properties puts this home's estimated value at $4,599,367. Based on how the local market is moving, a list price between $2,596,000 and $2,606,000 would position this home well. This would position the home competitively among 4 active listings in WOOD ISLAND. The larger floor plan (1,924 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 1 of the 7 comps lacked one. With 4 similar homes currently listed in WOOD ISLAND (a balanced market), competition is a factor to consider. The 6 month price trend in 78733: fallen 5.5%. The best comp here is 2304 Island Wood, Austin TX 78733 at an adjusted value of $6,323,888, with a smaller floor plan. The comp data here (7 sales in WOOD ISLAND) 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