4004 Love Bird, Austin TX 78730

After reviewing 3 recent transactions in RIVER PLACE, I estimate this property's value at $1,366,581. A competitive list price for this home right now would fall in the $1,161,000 to $1,171,000 range. Relative to what's currently available in RIVER PLACE, this home would be the most expensive of 5 comparable homes on the market. Having a pool is a plus; 1 of the 3 comps lacked one. The larger lot (0.61 acres versus the area average of 0.55) contributes to the valuation. With 5 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Prices in RIVER PLACE have fallen 4.2% over the last 6 months. A similar home at 9708 Big View DR, Austin TX 78730 carries an adjusted comparable value of $1,313,268, providing a strong data point. With 3 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