4001 LOB CV, Austin TX 78730

Based on 7 closed sales in RIVER PLACE, the data points to a value around $877,385 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $851,000 to $904,000. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.00 acres versus 0.29 for the typical comp. With 7 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Market data shows RIVER PLACE prices risen 18% over the last half year. The closest comparable sale, 9805 Drip Rock LN, Austin TX 78730 at an adjusted $805,147, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIVER PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group