The estimated value of this property is $3,179,020, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,078,000 and $2,088,000. Among the similar homes currently available in SEVEN OAKS, this price point stands out as competitive. The larger floor plan (675 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.06 acre lot (smaller than the 1.27 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in SEVEN OAKS, ranging from $2,150,000 to $9,500,000. The most comparable recent sale is 108 Brandon WAY, Austin TX 78733, with an adjusted value of $3,224,879; with a larger floor plan. With 7 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