404 Riley RD, Austin TX 78746

The market data from 7 similar recent sales in 78746 points to a value of approximately $3,619,882. To sell within a reasonable timeframe at fair market value, the $6,535,000 to $6,559,000 range is where I'd position this. Against 7 similar active listings in 78746, this price point lands at the most affordable of 7 comparable homes on the market. The 2,549 sqft size difference versus comparable sales is reflected in the adjusted values. The 1958 construction puts this home 29 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 78746, creating a buyer's market for this price range. In 78746, home values have risen approximately 1.7% over the past 6 months. One of the strongest data points is 5007 Rollingwood DR, Rollingwood TX 78746, adjusting to $1,774,160; with a smaller floor plan. 7 comparable transactions in 78746 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group