4705 Island CV, Austin TX 78731

Based on 7 closed sales in ISLAND MOUNT BONNELL SHORES, the data points to a value around $4,178,465 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $4,053,000 to $4,304,000. Relative to what's currently available in ISLAND MOUNT BONNELL SHORES, this home would be below the only comparable home currently on the market. The larger floor plan (5,068 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 2 of the comps had one. Current inventory shows 1 comparable homes in ISLAND MOUNT BONNELL SHORES; a balanced market based on recent absorption. Market data shows 78731 prices risen 10.5% over the last half year. The closest comparable sale, 4511 Island CV, Austin TX 78731 at an adjusted $5,575,438, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in ISLAND MOUNT BONNELL SHORES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group