3704 Josh LN, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $1,032,402. For a well positioned listing in RIVER PLACE, I'd target the $886,000 to $896,000 range. Against 5 similar active listings in RIVER PLACE, this price point lands at the most expensive of 5 comparable homes on the market. At 130 sqft smaller than the typical comp, the size difference factors into the valuation. The 2005 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in RIVER PLACE; a buyer's market based on recent absorption. Recent trends in RIVER PLACE show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 4201 Range View CV, Austin TX 78730, with an adjusted value of $1,220,141; with a pool. The 7 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