4823 River Place BLVD, Austin TX 78730

The market data from 4 similar recent sales in VILLAS RIVER PLACE points to a value of approximately $982,505. To sell within a reasonable timeframe at fair market value, the $953,000 to $1,012,000 range is where I'd position this. With 4 comparable homes on the market in VILLAS RIVER PLACE, this price positions the property as the most expensive of 4 comparable homes on the market. At 318 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in VILLAS RIVER PLACE; a buyer's market based on recent absorption. In 78730, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 4549 Golf Vista DR, Austin TX 78730, adjusting to $1,053,465; a strong comparable. 4 comparable transactions in VILLAS RIVER PLACE 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