3501 Rivercrest, Austin TX 78746

The market data from 5 similar recent sales in RIVERCREST points to a value of approximately $1,298,500. To sell within a reasonable timeframe at fair market value, the $781,000 to $791,000 range is where I'd position this. Against 3 similar active listings in RIVERCREST, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.38 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. With 3 similar homes currently listed in RIVERCREST (a buyer's market), competition is a factor to consider. In 78746, home values have risen approximately 2.2% over the past 6 months. One of the strongest data points is 4010 Long Champ DR # 13, Austin TX 78746, adjusting to $768,994; a strong comparable. The 5 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