5205 Cuesta Verde, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $3,096,411. For a well positioned listing in TIERRA MADRONES, I'd target the $2,315,000 to $2,325,000 range. With 7 comparable homes on the market in TIERRA MADRONES, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 322 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.38 acres, the lot is larger than the 1.06 acre comp average, which factors into pricing. With 7 similar homes currently listed in TIERRA MADRONES (a buyer's market), competition is a factor to consider. Recent trends in 78746 show home values have risen 8.7% since 6 months ago. The most comparable recent sale is 6216 Northern Dancer DR, Austin TX 78746, with an adjusted value of $2,473,536; with a smaller floor plan. 5 comparable transactions in TIERRA MADRONES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group