Reviewing the most recent comparable transactions, this home's market value falls around $1,461,031. For a well positioned listing in 78733, I'd target the $1,417,000 to $1,505,000 range. Against 1 similar active listings in 78733, this price point lands at below the only comparable home currently on the market. The larger floor plan (233 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1989 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in 78733 have 1 comparable options right now, with asking prices between $1,995,000 and $1,995,000. Recent trends in 78733 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 1004 Elder CIR, Austin TX 78733, with an adjusted value of $2,040,774; with a smaller floor plan. 7 comparable transactions in 78733 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