4603 Island CV, Austin TX 78731

The market data from 7 similar recent sales in ISLAND MOUNT BONNELL SHORES points to a value of approximately $3,061,371. To sell within a reasonable timeframe at fair market value, the $3,569,000 to $5,218,000 range is where I'd position this. Against 2 similar active listings in ISLAND MOUNT BONNELL SHORES, this price point lands at the most affordable of 2 comparable homes on the market. This home's larger footprint (4,001 sqft vs the comp average) plays a role in how the market prices it. At 0.74 acres, the lot is larger than the 0.50 acre comp average, which factors into pricing. The active market in ISLAND MOUNT BONNELL SHORES includes 2 comparable homes priced from $6,900,000 to $12,900,000. In 78731, home values have risen approximately 6.5% over the past 6 months. One of the strongest data points is 4511 Island CV, Austin TX 78731, adjusting to $5,218,202; 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