Based on 4 closed sales in 78734, the data points to a value around $907,336 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $768,000 to $778,000. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in 78734's current inventory. This home's smaller footprint (197 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 1.25 for the typical comp. Right now, 5 similar properties are competing for buyers in 78734, listed between $700,000 and $1,598,000. Market data shows 78734 prices risen 6% over the last half year. The closest comparable sale, 5214 McCormick Mountain DR, Austin TX 78734 at an adjusted $840,608, is a strong comparable. This estimate draws on 4 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
