Based on 7 closed sales in WOODHAVEN, the data points to a value around $829,184 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $445,000 to $455,000. Buyers shopping in WOODHAVEN right now would see this as a well positioned option among 5 comparable homes. The smaller floor plan (159 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in WOODHAVEN includes 5 comparable homes priced from $399,900 to $1,199,950. Market data shows WOODHAVEN prices risen 29.5% over the last half year. The closest comparable sale, 3500 Peregrine Falcon DR, Austin TX 78746 at an adjusted $1,090,138, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in WOODHAVEN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group