5045 China Garden DR, Austin TX 78730

My analysis of 5 comparable properties puts this home's estimated value at $763,369. Based on how the local market is moving, a list price between $740,000 and $786,000 would position this home well. Relative to what's currently available in RIVER PLACE, this home would be the most expensive of 3 comparable homes on the market. The smaller floor plan (432 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 5 of the 5 comps lacked one. 3 similar homes are currently available in RIVER PLACE, creating a buyer's market for this price range. The 6 month price trend in RIVER PLACE: fallen 1.6%. The best comp here is 4909 China Garden DR, Austin TX 78730 at an adjusted value of $858,971, with a larger floor plan and no pool. The comp data here (5 sales in RIVER PLACE) 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