2801 Padina DR, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $2,147,250. For a well positioned listing in WERKENTHIN, I'd target the $2,293,000 to $2,294,000 range. With 2 comparable homes on the market in WERKENTHIN, this price positions the property as the most affordable of 2 comparable homes on the market. At 1,389 sqft larger than the typical comp, the size difference factors into the valuation. At 1.04 acres, the lot is larger than the 0.58 acre comp average, which factors into pricing. 2 similar homes are currently available in WERKENTHIN, creating a buyer's market for this price range. Recent trends in 78733 show home values have fallen 18% since 6 months ago. The most comparable recent sale is 305 Brandon WAY, Austin TX 78733, with an adjusted value of $2,920,689; with a larger floor plan and a pool. 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