4203 Woodway DR, Austin TX 78731

My analysis of 6 comparable properties puts this home's estimated value at $1,321,934. Based on how the local market is moving, a list price between $1,002,000 and $1,012,000 would position this home well. This home's position in the current NORTHWEST HILLS MESA OAKS PH market: the most expensive of 3 comparable homes on the market among comparable properties. At 490 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.29 acres versus the area average of 0.26) contributes to the valuation. Right now, 3 similar properties are competing for buyers in NORTHWEST HILLS MESA OAKS PH, listed between $965,000 and $1,500,000. The 6 month price trend in NORTHWEST HILLS MESA OAKS PH: risen 13.3%. The best comp here is 7403 W Rim DR, Austin TX 78731 at an adjusted value of $1,190,904, with a smaller floor plan. With 6 comparable sales in NORTHWEST HILLS MESA OAKS PH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group