Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $905,231. To generate strong buyer interest while maximizing value, I'd price this between $957,000 and $959,000. Among the similar homes currently available in BLUE SKY RANCH, this price point stands out as competitive. At 105 sqft larger than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in BLUE SKY RANCH, ranging from $799,000 to $1,200,000. The trend in 78737 shows prices have risen 1.3% in the past 6 months. 120 Palisade DR, Austin TX 78737 nearby adjusts to $973,091; with a smaller floor plan and a pool. 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