Based on 5 closed sales in 78734, the data points to a value around $980,021 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 most expensive of 3 comparable homes on the market in 78734's current inventory. Being built in 2006 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 1.68 for the typical comp. Right now, 3 similar properties are competing for buyers in 78734, listed between $739,000 and $1,249,000. Market data shows 78734 prices fallen 10.7% over the last half year. The closest comparable sale, 4316 Laguna Grande, Austin TX 78734 at an adjusted $1,024,788, is with a smaller floor plan. This estimate draws on 5 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
