4610 Flameleaf Sumac DR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,218,830. For a well positioned listing in EAST, I'd target the $1,048,000 to $1,058,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in EAST. The 2019 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.39 acres, the lot is smaller than the 0.51 acre comp average, which factors into pricing. With 3 similar homes currently listed in EAST (a buyer's market), competition is a factor to consider. Recent trends in 78738 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 12012 Beautybrush DR, Austin TX 78738, with an adjusted value of $1,047,185; with a smaller 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