After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $923,927. Pricing this home between $688,000 and $698,000 would put it in the competitive sweet spot for TRAVIS LANDING. This would position the home competitively among 5 active listings in TRAVIS LANDING. The larger lot (0.25 acres versus the area average of 0.22) contributes to the valuation. 5 similar homes are currently available in TRAVIS LANDING, creating a buyer's market for this price range. Market data shows TRAVIS LANDING prices risen 21.5% over the last half year. The closest comparable sale, 5710 Longhorn LNDG, Austin TX 78734 at an adjusted $750,294, is with a smaller floor plan. The comp data here (7 sales in TRAVIS LANDING) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus