4702 Downridge CV, Austin TX 78731

After reviewing 7 recent transactions in VISTA WEST, I estimate this property's value at $1,716,203. A competitive list price for this home right now would fall in the $1,115,000 to $1,125,000 range. Relative to what's currently available in VISTA WEST, this home would be the most expensive of 7 comparable homes on the market. This home's larger footprint (110 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.38 acres versus the area average of 0.31) contributes to the valuation. Current inventory shows 7 comparable homes in VISTA WEST; a balanced market based on recent absorption. Prices in VISTA WEST have fallen 2.1% over the last 6 months. A similar home at 5318 Valburn CIR, Austin TX 78731 carries an adjusted comparable value of $1,748,334, providing a strong data point. With 7 comparable sales in VISTA WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group