5004 Arax CV, Austin TX 78731

The comparable sales data (3 recent transactions in VISTA WEST) supports an estimated value of $1,452,316. The data suggests a list price between $1,131,000 and $1,141,000 would attract qualified buyers without leaving money on the table. This home's position in the current VISTA WEST market: the most expensive of 3 comparable homes on the market among comparable properties. Lot size matters here: 0.51 acres versus 0.40 for the typical comp. With 3 similar homes currently listed in VISTA WEST (a balanced market), competition is a factor to consider. Prices in VISTA WEST have fallen 2.1% over the last 6 months. A similar home at 6406 Cerro CV, Austin TX 78731 carries an adjusted comparable value of $1,383,238, providing a strong data point. This estimate draws on 3 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