5309 Deerwood LN, Austin TX 78730

My analysis of 7 comparable properties puts this home's estimated value at $1,028,018. Based on how the local market is moving, a list price between $1,089,000 and $1,094,000 would position this home well. Relative to what's currently available in RIVER PLACE, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (182 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 5 of the 7 comps lacked one. Right now, 3 similar properties are competing for buyers in RIVER PLACE, listed between $875,000 and $1,350,000. The 6 month price trend in RIVER PLACE: risen 9.4%. The best comp here is 10129 Planters Woods DR, Austin TX 78730 at an adjusted value of $1,088,564, with a larger floor plan. 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