After reviewing 5 recent transactions in FOOTHILLS BARTON CREEK, I estimate this property's value at $3,457,288. A competitive list price for this home right now would fall in the $2,986,000 to $2,996,000 range. Buyers shopping in FOOTHILLS BARTON CREEK right now would see this as a well positioned option among 4 comparable homes. Having a pool is a plus; 2 of the 5 comps lacked one. The larger lot (1.52 acres versus the area average of 1.06) contributes to the valuation. Right now, 4 similar properties are competing for buyers in FOOTHILLS BARTON CREEK, listed between $2,750,000 and $4,295,000. Prices in 78735 have fallen 18.5% over the last 6 months. A similar home at 3301 Barton Creek BLVD, Austin TX 78735 carries an adjusted comparable value of $3,740,171, providing a strong data point. With 5 comparable sales in FOOTHILLS BARTON CREEK, 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
