Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $468,563. To generate strong buyer interest while maximizing value, I'd price this between $490,000 and $505,000. Against 6 similar active listings in JACKS POND, this price point lands at the 3rd most expensive of 6 comparable homes on the market. At 120 sqft larger than the typical comp, the size difference factors into the valuation. With 6 similar homes currently listed in JACKS POND (a balanced market), competition is a factor to consider. The trend in JACKS POND shows prices have fallen 3.2% in the past 6 months. 3101 Wavecrest BLVD, Austin TX 78728 nearby adjusts to $448,162; with a smaller 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