2708 ISLAND LEDGE CV, Austin TX 78746

The estimated value of this property is $4,149,852, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $4,067,000 and $4,233,000. With 7 comparable homes on the market in ISLAND, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 351 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.40 acre lot (larger than the 1.03 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in ISLAND, ranging from $2,800,000 to $9,200,000. Recent trends in ISLAND show home values have fallen 37.9% since 6 months ago. The most comparable recent sale is 4320 River Garden TRL, Austin TX 78746, with an adjusted value of $3,707,301; a strong comparable. Based on 6 relevant data points in ISLAND, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX