Reviewing the most recent comparable transactions, this home's market value falls around $2,405,484. For a well positioned listing in RIVERCREST, I'd target the $999,000 to $1,009,000 range. With 4 comparable homes on the market in RIVERCREST, this price positions the property as the most expensive of 4 comparable homes on the market. At 117 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in RIVERCREST, listed between $949,000 and $2,297,000. Recent trends in 78746 show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 6702 Elfland DR, Austin TX 78746, with an adjusted value of $3,829,168; a strong comparable. The 4 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