Based on 5 closed sales in DAVENPORT WEST, the data points to a value around $2,470,959 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,911,000 to $1,921,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in DAVENPORT WEST's current inventory. The larger floor plan (516 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.35 acres versus 0.38 for the typical comp. Current inventory shows 4 comparable homes in DAVENPORT WEST; a buyer's market based on recent absorption. Market data shows 78746 prices risen 3.6% over the last half year. The closest comparable sale, 6636 Dogwood Creek DR, Austin TX 78746 at an adjusted $1,744,795, is a strong comparable. This estimate draws on 5 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