7 recent sales in the surrounding area of this address suggest a current value of $995,196. My recommended list price range for this property would be $800,000 to $810,000. Among the similar homes currently available in 78737, this price point stands out as competitive. This home's larger footprint (560 sqft vs the comp average) plays a role in how the market prices it. Built in 1998, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in 78737; a balanced market based on recent absorption. In 78737, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 13601 Paisano TRL, Austin TX 78737, adjusting to $1,135,599; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group