After reviewing 7 recent transactions in 78746, I estimate this property's value at $1,871,274. A competitive list price for this home right now would fall in the $1,559,000 to $1,569,000 range. This home's position in the current 78746 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being 242 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years older than typical comps, the 1989 build date influences the valuation. 7 similar homes are currently available in 78746, creating a buyer's market for this price range. Prices in 78746 have risen 1.7% over the last 6 months. A similar home at 10 Hedge LN, Austin TX 78746 carries an adjusted comparable value of $2,876,403, providing a strong data point. With 7 comparable sales in 78746, 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
