3901 Watersedge DR, Austin TX 78731

7 recent sales in the surrounding area of this address suggest a current value of $3,805,767. My recommended list price range for this property would be $5,108,000 to $5,505,000. In the current 78731 market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. This home's larger footprint (2,571 sqft vs the comp average) plays a role in how the market prices it. Built in 1987, this home is 17 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in 78731; a buyer's market based on recent absorption. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 4511 Island CV, Austin TX 78731, adjusting to $5,107,529; a strong comparable. Based on 7 relevant data points in 78731, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX