4013 Far W, Austin TX 78731

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,264,869. Pricing this home between $1,227,000 and $1,303,000 would put it in the competitive sweet spot for 78731. Buyers shopping in 78731 right now would see this as a well positioned option among 3 comparable homes. At 300 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.23 acres versus the area average of 0.26) contributes to the valuation. There are currently 3 similar homes on the market in 78731, ranging from $1,199,000 to $1,450,000. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 4104 Honeycomb Rock CIR, Austin TX 78731 at an adjusted $1,436,279, is with a smaller floor plan. The comp data here (5 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus