Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,312,249. If we were to list this property today, I'd recommend a list price in the $1,664,000 to $1,669,000 range. This home's position in the current DAVENPORT RIM CONDO market: the most affordable of 3 comparable homes on the market among comparable properties. At 266 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in DAVENPORT RIM CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78746: risen 1.7%. The best comp here is 2800 Waymaker WAY # 40, Austin TX 78746 at an adjusted value of $1,058,462, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in DAVENPORT RIM CONDO. 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