The market data from 7 similar recent sales in TYDINGS points to a value of approximately $2,822,075. To sell within a reasonable timeframe at fair market value, the $2,737,000 to $2,907,000 range is where I'd position this. Against 1 similar active listings in TYDINGS, this price point lands at below the only comparable home currently on the market. At 3,709 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. Right now, 1 similar properties are competing for buyers in TYDINGS, listed between $2,900,000 and $2,900,000. In 78730, home values have risen approximately 15% over the past 6 months. One of the strongest data points is 6601 Peralto CV, Austin TX 78730, adjusting to $1,736,000; with a smaller floor plan. 7 comparable transactions in TYDINGS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group