3701 Josh LN, Austin TX 78730

The market data from 7 similar recent sales in RIVER PLACE points to a value of approximately $1,314,547. To sell within a reasonable timeframe at fair market value, the $1,359,000 to $1,447,000 range is where I'd position this. In the current RIVER PLACE market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 148 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 5 comparable homes in RIVER PLACE; a buyer's market based on recent absorption. In RIVER PLACE, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 3604 Atlas CV, Austin TX 78730, adjusting to $1,245,311; with a smaller floor plan. 7 comparable transactions in RIVER PLACE 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