Ed's Opinion of Value

$734,895 Ed's Estimate: $884,800 $1,200,000
Lowest Comp Recommended List: $1,084,000 to $1,098,000 Highest Comp
The market data from 4 similar recent sales in HERITAGE OAKS points to a value of approximately $884,800. To sell within a reasonable timeframe at fair market value, the $1,084,000 to $1,098,000 range is where I'd position this. With 7 comparable homes on the market in HERITAGE OAKS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (213 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1994 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in HERITAGE OAKS (a balanced market), competition is a factor to consider. In HERITAGE OAKS, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 3 Heritage Oaks DR, Austin TX 78737, adjusting to $807,412; with a smaller floor plan. 4 comparable transactions in HERITAGE OAKS 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
3 Beds
5 Baths 4 Full, 1 Half
3,471 Sq Ft
2.268 Acres
1994 Built
2 Garage

About This Property

Fantastic stone home on beautiful wooded lot. Detached garage and bonus room with full bath over the garage. Greenhouse, patio, sprinkler system. This one has it all! Remodeled kitchen with granite, and new appliances. XL bedrooms, each with private bath. Restrictions: Yes Sprinkler Sys:Yes

Features

  • In-Law Floorplan
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Hays
MLS # 9739031

Parking

Garage 2 spaces

Listing History

MLS# 9739031 7 days
Apr 25, 2012 Off Market
Apr 16, 2012 Pending
Apr 15, 2012 Listed $429,900

Frequently Asked Questions About 3 Scarlet RDG, Austin TX 78737

When was 3 Scarlet RDG, Austin TX 78737 built?

3 Scarlet RDG, Austin TX 78737 was built in 1994.

How much does 3 Scarlet RDG, Austin TX 78737 cost?

3 Scarlet RDG, Austin TX 78737 sold on April 25, 2012. Contact us for sale price details.

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