Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $474,765. To generate strong buyer interest while maximizing value, I'd price this between $498,000 and $499,000. Against 7 similar active listings in JACKS POND, this price point lands at the most expensive of 7 comparable homes on the market. At 120 sqft larger than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in JACKS POND (a balanced market), competition is a factor to consider. The trend in JACKS POND shows prices have risen 0% in the past 6 months. 2908 Sand Dollar DR, Austin TX 78728 nearby adjusts to $498,194; with a larger floor plan. 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