The estimated value of this property is $3,264,012, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $2,483,000 and $2,493,000. Among the similar homes currently available in SEVEN OAKS, this price point stands out as competitive. The 1.06 acre lot (smaller than the 1.14 acre average) is reflected in the estimate. There are currently 2 similar homes on the market in SEVEN OAKS, ranging from $2,650,000 to $3,399,000. Recent trends in 78733 show home values have fallen 13.6% since 6 months ago. The most comparable recent sale is 8708 Capehart CV, Austin TX 78733, with an adjusted value of $3,005,350; with a smaller floor plan. 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
