Reviewing the most recent comparable transactions, this home's market value falls around $2,011,887. For a well positioned listing in BEECAVE WOODS, I'd target the $1,768,000 to $1,778,000 range. With 7 comparable homes on the market in BEECAVE WOODS, this price positions the property as the most expensive of 7 comparable homes on the market. At 125 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. 7 similar homes are currently available in BEECAVE WOODS, creating a buyer's market for this price range. Recent trends in BEECAVE WOODS show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 1316 Wilderness DR, Austin TX 78746, with an adjusted value of $1,947,520; with a larger floor plan. 3 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