4005 Island Knoll DR, Austin TX 78746

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,670,190. To generate strong buyer interest while maximizing value, I'd price this between $2,217,000 and $2,227,000. Against 4 similar active listings in ISLAND, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Being 332 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.19 acres, the lot is larger than the 0.94 acre comp average, which factors into pricing. 4 similar homes are currently available in ISLAND, creating a buyer's market for this price range. The trend in ISLAND shows prices have risen 28.8% in the past 6 months. 4000 Shadow Oak LN, Austin TX 78746 nearby adjusts to $2,410,910; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group