The comparable sales data (7 recent transactions in 78738) supports an estimated value of $3,676,408. The data suggests a list price between $4,451,000 and $4,588,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 5 active listings in 78738. This home's larger footprint (999 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (5 years newer than comps) is factored into the value estimate. 5 similar homes are currently available in 78738, creating a buyer's market for this price range. Prices in 78738 have fallen 1.3% over the last 6 months. A similar home at 12308 Emory Oak LN, Austin TX 78738 carries an adjusted comparable value of $4,451,260, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus