2518 Tanglewood TRL, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $2,226,498. For a well positioned listing in 78703, I'd target the $1,418,000 to $1,428,000 range. Against 7 similar active listings in 78703, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. At 0.33 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Buyers in 78703 have 7 comparable options right now, with asking prices between $1,375,000 and $2,999,990. Recent trends in 78703 show home values have fallen 7.9% since 6 months ago. The most comparable recent sale is 1307 Elton LN, Austin TX 78703, with an adjusted value of $2,298,697; with a larger floor plan. 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