The estimated value of this property is $1,507,636, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,462,000 and $1,553,000. Against 5 similar active listings in SHINOAK VALLEY, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The pool is a standout feature, with 3 of 3 comparable homes not offering one. The 0.27 acre lot (smaller than the 0.34 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in SHINOAK VALLEY; a balanced market based on recent absorption. The most comparable recent sale is 3923 Glengarry DR, Austin TX 78731, with an adjusted value of $1,723,346; with a smaller floor plan and no pool. With 3 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