4400 Michaels CV, Austin TX 78746

My analysis of 5 comparable properties puts this home's estimated value at $2,976,104. Based on how the local market is moving, a list price between $3,513,000 and $4,429,000 would position this home well. This pricing would rank the home as the most affordable of 7 comparable homes on the market in RIVER COVE's current inventory. The larger floor plan (235 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years newer than typical comps, the 1993 build date influences the valuation. The active market in RIVER COVE includes 7 comparable homes priced from $3,250,000 to $4,950,000. The 6 month price trend in 78746: fallen 2.5%. The best comp here is 5408 CUESTA VERDE, Austin TX 78746 at an adjusted value of $3,023,025, with a larger floor plan. With 5 comparable sales in RIVER COVE, 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