The market data from 7 similar recent sales in 78746 points to a value of approximately $2,726,244. To sell within a reasonable timeframe at fair market value, the $1,919,000 to $1,929,000 range is where I'd position this. In the current 78746 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 199 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. The active market in 78746 includes 7 comparable homes priced from $1,700,000 to $2,750,000. In 78746, home values have risen approximately 2.6% over the past 6 months. One of the strongest data points is 1400 Mount Larson RD, Austin TX 78746, adjusting to $2,624,809; a strong comparable. 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