5113 Valburn CT, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,382,634. For a well positioned listing in TREETOPS, I'd target the $1,021,000 to $1,031,000 range. With 3 comparable homes on the market in TREETOPS, this price positions the property as the most expensive of 3 comparable homes on the market. The 1998 construction puts this home 19 years newer than the comp average, a factor in the pricing. At 0.45 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in TREETOPS; a balanced market based on recent absorption. Recent trends in 78731 show home values have risen 2.8% since 6 months ago. The most comparable recent sale is 4819 Spicewood Springs RD, Austin TX 78759, with an adjusted value of $846,097; a strong comparable. 7 comparable transactions in TREETOPS 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