4506 Waterford PL, Austin TX 78731

After reviewing 3 recent transactions in WATERFORD PLACE, I estimate this property's value at $1,598,018. A competitive list price for this home right now would fall in the $1,286,000 to $1,296,000 range. This home's position in the current WATERFORD PLACE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being 281 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.42 acres versus the area average of 0.34) contributes to the valuation. Buyers in WATERFORD PLACE have 7 comparable options right now, with asking prices between $1,150,000 and $2,750,000. Prices in 78731 have fallen 13.3% over the last 6 months. A similar home at 4808 Ranch Road 2222, Austin TX 78731 carries an adjusted comparable value of $1,695,176, providing a strong data point. The comp data here (3 sales in WATERFORD PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus