Reviewing the most recent comparable transactions, this home's market value falls around $2,004,313. For a well positioned listing in WESTVIEW, I'd target the $2,335,000 to $5,772,000 range. In the current WESTVIEW market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 125 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 1 of 4 comparable sales didn't include one. 3 similar homes are currently available in WESTVIEW, creating a balanced market for this price range. Recent trends in WESTVIEW show home values have risen 21.4% since 6 months ago. The most comparable recent sale is 4313 Rio Robles DR, Austin TX 78746, with an adjusted value of $2,335,099; a strong comparable. The 4 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
