Based on 3 closed sales in DAVENPORT WEST, the data points to a value around $2,060,753 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,020,000 to $2,102,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in DAVENPORT WEST's current inventory. The larger floor plan (293 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1998 (5 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in DAVENPORT WEST; a buyer's market based on recent absorption. Market data shows 78746 prices fallen 10.3% over the last half year. The closest comparable sale, 6628 Dogwood Creek DR, Austin TX 78746 at an adjusted $2,049,262, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus