Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $867,105. To generate strong buyer interest while maximizing value, I'd price this between $850,000 and $884,000. With 1 comparable homes on the market in DEER CREEK, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (678 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.12 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in DEER CREEK, ranging from $3,750,000 to $3,750,000. 2717 Trail Of The Madrones, Austin TX 78746 nearby adjusts to $902,631; with a larger floor plan. 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
