Reviewing the most recent comparable transactions, this home's market value falls around $485,539. For a well positioned listing in TRAVIS LANDING, I'd target the $302,000 to $312,000 range. In the current TRAVIS LANDING market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 106 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.26 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in TRAVIS LANDING, ranging from $300,000 to $530,000. Recent trends in TRAVIS LANDING show home values have fallen 23.6% since 6 months ago. The most comparable recent sale is 2916 Chisholm TRL, Austin TX 78734, with an adjusted value of $449,437; a strong comparable. 5 comparable transactions in TRAVIS LANDING support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group