After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,274,142. Pricing this home between $828,000 and $838,000 would put it in the competitive sweet spot for SHIERLOW. Relative to what's currently available in SHIERLOW, this home would be the 2nd most expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 1966 build date influences the valuation. Buyers in SHIERLOW have 7 comparable options right now, with asking prices between $719,000 and $1,585,000. Market data shows 78703 prices risen 7.1% over the last half year. The closest comparable sale, 2205 Scenic DR, Austin TX 78703 at an adjusted $1,694,491, is with a larger floor plan. With 5 comparable sales in SHIERLOW, 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
