Based on 4 closed sales in VISTA GRANDE, the data points to a value around $1,701,569 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $723,000 to $733,000. Buyers shopping in VISTA GRANDE right now would see this as a well positioned option among 5 comparable homes. Lot size matters here: 0.54 acres versus 0.47 for the typical comp. Current inventory shows 5 comparable homes in VISTA GRANDE; a buyer's market based on recent absorption. Market data shows 78734 prices fallen 10.7% over the last half year. The closest comparable sale, 1905 Big Horn DR, Austin TX 78734 at an adjusted $2,901,364, is with a larger floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus