Based on 5 closed sales in VISTA GRANDE, the data points to a value around $785,940 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $962,000 to $980,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in VISTA GRANDE's current inventory. This home's larger footprint (147 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.51 acres versus 0.41 for the typical comp. Right now, 4 similar properties are competing for buyers in VISTA GRANDE, listed between $700,000 and $1,275,000. Market data shows 78734 prices fallen 4.7% over the last half year. The closest comparable sale, 16308 Sydney Carol LN, Austin TX 78734 at an adjusted $681,627, 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