4900 Peralta LN, Austin TX 78735

The estimated value of this property is $4,169,311, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $3,327,000 and $3,337,000. Against 3 similar active listings in AMARRA DRIVE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (512 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.85 acre lot (larger than the 0.97 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in AMARRA DRIVE; a buyer's market based on recent absorption. Recent trends in 78735 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 4500 Peralta LN, Austin TX 78735, with an adjusted value of $5,017,115; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group