2900 Padina DR, Austin TX 78733

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,754,722. I'd recommend coming to market at $2,130,000 to $2,234,000 to strike the right balance between value and market velocity. In the current WERKENTHIN market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (636 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.03 acre lot (larger than the 0.85 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in WERKENTHIN, ranging from $1,695,000 to $2,490,000. The trend in 78733 shows prices have risen 22.2% in the past 6 months. 1401 Bowie RD, Austin TX 78733 nearby adjusts to $1,373,379; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group