My analysis of 4 comparable properties puts this home's estimated value at $2,012,714. Based on how the local market is moving, a list price between $1,700,000 and $1,710,000 would position this home well. Buyers shopping in SHINOAK VALLEY right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.28 acres versus the area average of 0.32) contributes to the valuation. 7 similar homes are currently available in SHINOAK VALLEY, creating a balanced market for this price range. The best comp here is 6304 Bon Terra DR, Austin TX 78731 at an adjusted value of $1,540,231, with a smaller floor plan. With 4 comparable sales in SHINOAK VALLEY, 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