5117 Kite Tail DR, Austin TX 78730

The estimated value of this property is $908,963, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $925,000 and $938,000. In the current RIVER PLACE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. With 4 similar homes currently listed in RIVER PLACE (a balanced market), competition is a factor to consider. Recent trends in RIVER PLACE show home values have risen 17.3% since 6 months ago. The most comparable recent sale is 5113 Jekins CV, Austin TX 78730, with an adjusted value of $1,031,090; with a smaller floor plan and a pool. Based on 7 relevant data points in RIVER PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX