4516 Island CV, Austin TX 78731

The market data from 7 similar recent sales in ISLAND MOUNT BONNELL SHORES points to a value of approximately $3,814,457. To sell within a reasonable timeframe at fair market value, the $7,493,000 to $8,045,000 range is where I'd position this. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in ISLAND MOUNT BONNELL SHORES. At 1,079 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Buyers in ISLAND MOUNT BONNELL SHORES have 6 comparable options right now, with asking prices between $5,995,000 and $12,475,000. In 78731, home values have risen approximately 5.5% over the past 6 months. One of the strongest data points is 4511 Island CV, Austin TX 78731, adjusting to $4,687,115; with a larger floor plan. The 7 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