After reviewing 7 recent transactions in TERRACES BARTON CREEK, I estimate this property's value at $3,124,405. A competitive list price for this home right now would fall in the $3,707,000 to $4,437,000 range. This home's position in the current TERRACES BARTON CREEK market: the most affordable of 3 comparable homes on the market among comparable properties. At 826 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (2.30 acres versus the area average of 2.51) contributes to the valuation. There are currently 3 similar homes on the market in TERRACES BARTON CREEK, ranging from $4,625,000 to $9,500,000. Prices in 78746 have fallen 4.2% over the last 6 months. A similar home at 405 Barrett LN, Austin TX 78733 carries an adjusted comparable value of $3,707,296, providing a strong data point. The comp data here (7 sales in TERRACES BARTON CREEK) 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