2902 Mill Reef CV, Austin TX 78746

My analysis of 5 comparable properties puts this home's estimated value at $1,653,136. Based on how the local market is moving, a list price between $1,604,000 and $1,703,000 would position this home well. Relative to what's currently available in DAVENPORT RANCH, this home would be the most affordable of 3 comparable homes on the market. This home's smaller footprint (245 sqft vs the comp average) plays a role in how the market prices it. At 6 years newer than typical comps, the 1994 build date influences the valuation. Current inventory shows 3 comparable homes in DAVENPORT RANCH; a buyer's market based on recent absorption. The 6 month price trend in DAVENPORT RANCH: risen 36.7%. The best comp here is 5710 Carry Back LN, Austin TX 78746 at an adjusted value of $1,686,558, with a larger floor plan. The comp data here (5 sales in DAVENPORT RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus