Reviewing the most recent comparable transactions, this home's market value falls around $1,709,689. For a well positioned listing in BEECAVE WOODS, I'd target the $1,440,000 to $1,450,000 range. With 7 comparable homes on the market in BEECAVE WOODS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 642 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. 7 similar homes are currently available in BEECAVE WOODS, creating a seller's market for this price range. Recent trends in BEECAVE WOODS show home values have risen 0.9% since 6 months ago. The most comparable recent sale is 2900 Angelfire LN, Austin TX 78746, with an adjusted value of $2,036,521; with a smaller floor plan. 7 comparable transactions in BEECAVE WOODS 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