3838 River Place BLVD, Austin TX 78730

My analysis of 3 comparable properties puts this home's estimated value at $1,242,070. Based on how the local market is moving, a list price between $1,451,000 and $1,507,000 would position this home well. This would position the home competitively among 6 active listings in RIVER PLACE. The larger lot (0.43 acres versus the area average of 0.35) contributes to the valuation. Right now, 6 similar properties are competing for buyers in RIVER PLACE, listed between $1,295,000 and $1,698,000. The 6 month price trend in RIVER PLACE: fallen 1.8%. The best comp here is 10005 Cormorant CV, Austin TX 78730 at an adjusted value of $1,142,540, with a larger floor plan. With 3 comparable sales in RIVER PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group