3316 Pearce RD, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $2,031,242. For a well positioned listing in GREENSHORES, I'd target the $1,767,000 to $1,777,000 range. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in GREENSHORES. This home's larger footprint (1,353 sqft vs the comp average) plays a role in how the market prices it. At 0.77 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. With 5 similar homes currently listed in GREENSHORES (a balanced market), competition is a factor to consider. Recent trends in GREENSHORES show home values have fallen 17.2% since 6 months ago. The most comparable recent sale is 7200 Turnbuoy DR, Austin TX 78730, with an adjusted value of $1,903,721; with a smaller floor plan. The 3 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