After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $424,958. Pricing this home between $448,000 and $485,000 would put it in the competitive sweet spot for JACKS POND. Buyers shopping in JACKS POND right now would see this as a well positioned option among 5 comparable homes. 5 similar homes are currently available in JACKS POND, creating a balanced market for this price range. Market data shows JACKS POND prices fallen 3.2% over the last half year. The closest comparable sale, 3104 Raging River DR, Austin TX 78728 at an adjusted $394,733, is with a smaller floor plan. With 6 comparable sales in JACKS POND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group