2500 Stratford DR, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $5,739,345. For a well positioned listing in 78746, I'd target the $7,688,000 to $8,120,000 range. With 3 comparable homes on the market in 78746, this price positions the property as the most affordable of 3 comparable homes on the market. Being 4,042 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1988 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in 78746, listed between $5,995,000 and $15,900,000. Recent trends in 78746 show home values have risen 2.6% since 6 months ago. The most comparable recent sale is 4604 Mantle DR, Austin TX 78746, with an adjusted value of $5,292,757; 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