Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,695,604. If we were to list this property today, I'd recommend a list price in the $1,772,000 to $1,988,000 range. Buyers shopping in MARLTON PLACE right now would see this as a well positioned option among 3 comparable homes. Being 119 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2006 (5 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in MARLTON PLACE, ranging from $1,600,000 to $2,699,000. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 2413 Sharon LN, Austin TX 78703 at an adjusted value of $1,465,341, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MARLTON PLACE. 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
