4501 Westlake DR # 12, Austin TX 78746

Based on 4 closed sales in VILLAS DAVENPORT RANCH, the data points to a value around $1,625,079 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,359,000 to $2,586,000. Relative to what's currently available in VILLAS DAVENPORT RANCH, this home would be the most affordable of 7 comparable homes on the market. Being 112 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2013 (5 years newer than comps) is factored into the value estimate. The active market in VILLAS DAVENPORT RANCH includes 7 comparable homes priced from $1,800,000 to $7,495,000. Market data shows 78746 prices risen 3.2% over the last half year. The closest comparable sale, 4501 Westlake DR # 3, Austin TX 78746 at an adjusted $1,440,260, is with a smaller floor plan. This estimate draws on 4 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