Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $736,587. To generate strong buyer interest while maximizing value, I'd price this between $857,000 and $871,000. With 5 comparable homes on the market in DEER CREEK, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The smaller floor plan (730 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.12 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in DEER CREEK, ranging from $720,000 to $3,750,000. 4231 Westlake DR # 2, Austin TX 78746 nearby adjusts to $856,838; 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
