3108 RIVERCREST DR, Austin TX 78746

My analysis of 3 comparable properties puts this home's estimated value at $2,554,786. Based on how the local market is moving, a list price between $4,485,000 and $4,874,000 would position this home well. This pricing would rank the home as the most affordable of 7 comparable homes on the market in RIVERCREST's current inventory. The larger floor plan (777 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years newer than typical comps, the 2004 build date influences the valuation. With 7 similar homes currently listed in RIVERCREST (a buyer's market), competition is a factor to consider. The 6 month price trend in 78746: risen 1.7%. The best comp here is 3401 Day Star CV, Austin TX 78746 at an adjusted value of $2,364,172, with a smaller floor plan and a pool. With 3 comparable sales in RIVERCREST, 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