4501 Island CV, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,538,787. To generate strong buyer interest while maximizing value, I'd price this between $2,307,000 and $2,677,000. In the current ISLAND MOUNT BONNELL SHORES market with 0 similar homes available, this price represents no active comparable homes on the market. The larger floor plan (8,029 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.52 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. The trend in 78731 shows prices have fallen 15.1% in the past 6 months. 4500 Edgemont DR, Austin TX 78731 nearby adjusts to $4,699,410; with a smaller floor plan. 7 comparable transactions in ISLAND MOUNT BONNELL SHORES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group