2803 Regents PARK, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $2,037,283. For a well positioned listing in TREEMONT, I'd target the $1,742,000 to $1,752,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in TREEMONT. At 114 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.84 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. With 7 similar homes currently listed in TREEMONT (a balanced market), competition is a factor to consider. Recent trends in TREEMONT show home values have fallen 10.3% since 6 months ago. The most comparable recent sale is 1300 Puddleby CV, Austin TX 78746, with an adjusted value of $2,103,259; with a smaller floor plan. 5 comparable transactions in TREEMONT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group