5200 China Garden DR, Austin TX 78730

After reviewing 4 recent transactions in RIVER PLACE, I estimate this property's value at $1,022,979. A competitive list price for this home right now would fall in the $1,034,000 to $1,049,000 range. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (175 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 4 of the 4 comps lacked one. There are currently 7 similar homes on the market in RIVER PLACE, ranging from $875,000 to $1,050,000. Prices in RIVER PLACE have risen 18% over the last 6 months. A similar home at 10204 Treasure Island DR, Austin TX 78730 carries an adjusted comparable value of $1,048,728, providing a strong data point. With 4 comparable sales in RIVER PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group