2900 Mill Reef CV, Austin TX 78746

The market data from 7 similar recent sales in DAVENPORT RANCH points to a value of approximately $1,625,589. To sell within a reasonable timeframe at fair market value, the $1,081,000 to $1,091,000 range is where I'd position this. With 3 comparable homes on the market in DAVENPORT RANCH, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (792 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.23 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in DAVENPORT RANCH; a buyer's market based on recent absorption. In DAVENPORT RANCH, home values have risen approximately 36.7% over the past 6 months. One of the strongest data points is 6004 Messenger Stake, Austin TX 78746, adjusting to $1,724,216; a strong comparable. 7 comparable transactions in DAVENPORT RANCH 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