Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,464,060. To generate strong buyer interest while maximizing value, I'd price this between $2,696,000 and $3,968,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in WESTVIEW. Being 287 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2010 construction puts this home 9 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in WESTVIEW; a seller's market based on recent absorption. The trend in WESTVIEW shows prices have risen 104.7% in the past 6 months. 4406 Falling Brook CV, Austin TX 78746 nearby adjusts to $2,695,886; with a smaller floor plan. 3 comparable transactions in WESTVIEW 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
