5125 KITE TAIL DR, Austin TX 78730

The estimated value of this property is $1,055,331, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,019,000 and $1,066,000. With 4 comparable homes on the market in 78730, this price positions the property as the most expensive of 4 comparable homes on the market. Being 254 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Current inventory shows 4 comparable homes in 78730; a buyer's market based on recent absorption. Recent trends in 78730 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 10204 Treasure Island DR, Austin TX 78730, with an adjusted value of $1,018,942; with no pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group