5128 Kite Tail DR, Austin TX 78730

After reviewing 7 recent transactions in RIVER PLACE, I estimate this property's value at $1,003,031. A competitive list price for this home right now would fall in the $977,000 to $1,000,000 range. This would position the home competitively among 6 active listings in RIVER PLACE. Being 233 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 2001 build date influences the valuation. Right now, 6 similar properties are competing for buyers in RIVER PLACE, listed between $899,000 and $1,599,000. Prices in RIVER PLACE have fallen 4.2% over the last 6 months. A similar home at 5100 Hadle CV, Austin TX 78730 carries an adjusted comparable value of $922,552, providing a strong data point. The comp data here (7 sales in RIVER PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus