4204 SPINNAKER CV, Austin TX 78731

After reviewing 7 recent transactions in 78731, I estimate this property's value at $4,018,416. A competitive list price for this home right now would fall in the $5,172,000 to $6,050,000 range. Relative to what's currently available in 78731, this home would be the most affordable of 2 comparable homes on the market. The larger floor plan (2,284 sqft compared to the average comp) is a meaningful differentiator in this price range. At 13 years older than typical comps, the 1983 build date influences the valuation. Current inventory shows 2 comparable homes in 78731; a buyer's market based on recent absorption. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 4511 Island CV, Austin TX 78731 carries an adjusted comparable value of $4,803,182, providing a strong data point. The comp data here (7 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus