4032 Vivas LN, Austin TX 78735

Based on 7 closed sales in REGENTS, the data points to a value around $1,581,625 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $957,000 to $967,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in REGENTS's current inventory. This home's larger footprint (497 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.51 acres versus 0.33 for the typical comp. 4 similar homes are currently available in REGENTS, creating a buyer's market for this price range. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 3604 Travis Country CIR, Austin TX 78735 at an adjusted $1,660,145, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in REGENTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group