Reviewing the most recent comparable transactions, this home's market value falls around $710,680. For a well positioned listing in ONION CREEK, I'd target the $746,000 to $772,000 range. With 4 comparable homes on the market in ONION CREEK, this price positions the property as the most expensive of 4 comparable homes on the market. Being 474 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.35 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. 4 similar homes are currently available in ONION CREEK, creating a buyer's market for this price range. Recent trends in ONION CREEK show home values have fallen 18.1% since 6 months ago. The most comparable recent sale is 11037 River Plantation DR, Austin TX 78747, with an adjusted value of $714,662; with a pool. 7 comparable transactions in ONION CREEK 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
