4301 MICHAELS CV, Austin TX 78746

The estimated value of this property is $5,116,161, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $3,434,000 and $3,444,000. With 6 comparable homes on the market in RIVER COVE, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The smaller floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 1 of 7 comparable homes not offering one. The active market in RIVER COVE includes 6 comparable homes priced from $2,795,000 to $12,995,000. Recent trends in 78746 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 3704 Soaring Eagle, Austin TX 78746, with an adjusted value of $5,192,031; with a larger floor plan. Based on 7 relevant data points in RIVER COVE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX