4501 Westlake DR # 1, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,406,893. For a well positioned listing in VILLAS DAVENPORT RANCH, I'd target the $1,638,000 to $1,917,000 range. Against 4 similar active listings in VILLAS DAVENPORT RANCH, this price point lands at the most affordable of 4 comparable homes on the market. At 124 sqft larger than the typical comp, the size difference factors into the valuation. At 0.34 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. 4 similar homes are currently available in VILLAS DAVENPORT RANCH, creating a buyer's market for this price range. Recent trends in 78746 show home values have risen 20% since 6 months ago. The most comparable recent sale is 4501 Westlake DR # 13, Austin TX 78746, with an adjusted value of $1,376,383; with a larger floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group