3908 Conference CV, Austin TX 78730

My analysis of 5 comparable properties puts this home's estimated value at $1,488,952. Based on how the local market is moving, a list price between $1,444,000 and $1,534,000 would position this home well. Relative to what's currently available in RIVER PLACE, this home would be the 2nd most expensive of 3 comparable homes on the market. At 327 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 3 of the 5 comps lacked one. Right now, 3 similar properties are competing for buyers in RIVER PLACE, listed between $1,295,000 and $1,599,000. The 6 month price trend in RIVER PLACE: fallen 5.4%. The best comp here is 4004 Lob CV, Austin TX 78730 at an adjusted value of $1,709,248, a strong comparable. With 5 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