5403 Kite Tail DR, Austin TX 78730

My analysis of 7 comparable properties puts this home's estimated value at $807,479. Based on how the local market is moving, a list price between $870,000 and $886,000 would position this home well. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 4 comparable homes. Being 124 sqft larger than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. The 6 month price trend in RIVER PLACE: fallen 5.4%. The best comp here is 5208 KEENE CV, Austin TX 78730 at an adjusted value of $798,370, a strong comparable. With 7 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