3 recent sales within a mile of this address suggest a current value of $1,476,358. My recommended list price range for this property would be $1,262,000 to $1,272,000. In the current BELLA MONTAGNA market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (440 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.06 acre lot (larger than the 1.02 acre average) is reflected in the estimate. The active market in BELLA MONTAGNA includes 3 comparable homes priced from $1,299,900 to $1,650,000. In 78734, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 208 PALAZZA ALTO DR, Austin TX 78734, adjusting to $1,864,693; with a larger floor plan and a pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group