After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,743,122. Pricing this home between $2,053,000 and $2,367,000 would put it in the competitive sweet spot for TARRYTOWN RIVER OAKS. Relative to what's currently available in TARRYTOWN RIVER OAKS, this home would be the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (313 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 1954 build date influences the valuation. With 7 similar homes currently listed in TARRYTOWN RIVER OAKS (a buyer's market), competition is a factor to consider. Market data shows 78703 prices risen 5.8% over the last half year. The closest comparable sale, 2416 Vista LN, Austin TX 78703 at an adjusted $1,617,131, is with a smaller floor plan and a pool. The comp data here (3 sales in TARRYTOWN RIVER OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus