4206 Watersedge CV, Austin TX 78731

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $2,440,700. Pricing this home between $2,367,000 and $2,514,000 would put it in the competitive sweet spot for 78731. This home's position in the current 78731 market: below the only comparable home currently on the market among comparable properties. The 551 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.50 acres versus the area average of 0.46) contributes to the valuation. With 1 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 4511 Island CV, Austin TX 78731 at an adjusted $3,693,473, is with a larger floor plan and a pool. The comp data here (3 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