Based on 7 closed sales in WEST PARK, the data points to a value around $1,158,678 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,136,000 to $1,161,000. Buyers shopping in WEST PARK right now would see this as a well positioned option among 7 comparable homes. Being built in 2015 (46 years newer than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.23 for the typical comp. The active market in WEST PARK includes 7 comparable homes priced from $965,000 to $1,462,170. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2301 Westworth CIR, Austin TX 78704 at an adjusted $1,003,917, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in WEST PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
