Taking into account 7 nearby comparable sales, this property's estimated value comes to $915,507. If we were to list this property today, I'd recommend a list price in the $1,017,000 to $1,024,000 range. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in LAREINA DRIVE's current inventory. This home's larger footprint (103 sqft vs the comp average) plays a role in how the market prices it. Being built in 2012 (9 years older than comps) is factored into the value estimate. Buyers in LAREINA DRIVE have 5 comparable options right now, with asking prices between $715,000 and $1,250,000. The 6 month price trend in 78745: fallen 5.5%. The best comp here is 901 Redd ST # 1, Austin TX 78745 at an adjusted value of $917,756, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus