5116 Kite Tail DR, Austin TX 78730

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,094,859. If we were to list this property today, I'd recommend a list price in the $943,000 to $953,000 range. This would position the home competitively among 7 active listings in RIVER PLACE. The larger floor plan (248 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. The 6 month price trend in RIVER PLACE: fallen 5.4%. The best comp here is 5100 Hadle CV, Austin TX 78730 at an adjusted value of $962,777, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in RIVER PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group