3904 WATERSEDGE DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $3,114,352. For a well positioned listing in 78731, I'd target the $7,211,000 to $7,775,000 range. In the current 78731 market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The larger floor plan (781 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.60 acres, the lot is larger than the 0.52 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78731 (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 2.8% since 6 months ago. The most comparable recent sale is 4511 Island CV, Austin TX 78731, with an adjusted value of $4,252,124; with a larger floor plan. 3 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group