Reviewing the most recent comparable transactions, this home's market value falls around $879,967. For a well positioned listing in 78732, I'd target the $660,000 to $670,000 range. Against 7 similar active listings in 78732, this price point lands at the most expensive of 7 comparable homes on the market. At 1.59 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78732, ranging from $650,000 to $829,999. Recent trends in 78732 show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 12420 Beverly Villas CT, Austin TX 78732, with an adjusted value of $1,020,910; a strong comparable. The 7 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