4501 Island CV, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,719,785. To generate strong buyer interest while maximizing value, I'd price this between $2,738,000 and $2,778,000. 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 (7,513 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2009 construction puts this home 11 years newer than the comp average, a factor in the pricing. The trend in 78731 shows prices have risen 5.6% in the past 6 months. 4801 Balcones DR, Austin TX 78731 nearby adjusts to $2,677,036; 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