After reviewing 7 recent transactions in 78746, I estimate this property's value at $2,517,474. A competitive list price for this home right now would fall in the $3,184,000 to $3,587,000 range. This home's position in the current 78746 market: the most affordable of 5 comparable homes on the market among comparable properties. At 1,578 sqft larger than the typical comp, the size difference factors into the valuation. At 7 years newer than typical comps, the 2008 build date influences the valuation. There are currently 5 similar homes on the market in 78746, ranging from $3,250,000 to $10,000,000. Prices in 78746 have risen 17.5% over the last 6 months. A similar home at 600 River Hills RD, Austin TX 78733 carries an adjusted comparable value of $2,328,870, providing a strong data point. The comp data here (7 sales in 78746) 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
