The estimated value of this property is $3,071,535, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,278,000 and $2,288,000. Among the similar homes currently available in SEVEN OAKS, this price point stands out as competitive. The larger floor plan (1,182 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.06 acre lot (larger than the 0.93 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in SEVEN OAKS, ranging from $2,190,000 to $10,000,000. Recent trends in 78733 show home values have risen 12.3% since 6 months ago. The most comparable recent sale is 1104 Marly WAY, Austin TX 78733, with an adjusted value of $6,185,444; with a larger floor plan and a pool. 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
