3225 Pearce RD, Austin TX 78730

My analysis of 6 comparable properties puts this home's estimated value at $1,618,197. Based on how the local market is moving, a list price between $1,145,000 and $1,155,000 would position this home well. This home's position in the current 78730 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 2001 build date influences the valuation. The larger lot (1.02 acres versus the area average of 0.66) contributes to the valuation. With 7 similar homes currently listed in 78730 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78730: fallen 7.2%. The best comp here is 7608 Lazy River CV, Austin TX 78730 at an adjusted value of $1,642,968, with a larger floor plan. With 6 comparable sales in 78730, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group