3603 Tekoa CV S, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,952,628. I'd recommend coming to market at $1,725,000 to $1,735,000 to strike the right balance between value and market velocity. Against 5 similar active listings in 78746, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.59 acre lot (larger than the 0.49 acre average) is reflected in the estimate. 5 similar homes are currently available in 78746, creating a buyer's market for this price range. The trend in 78746 shows prices have risen 2.7% in the past 6 months. 4250 Westlake DR, Austin TX 78746 nearby adjusts to $1,442,843; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group