Reviewing the most recent comparable transactions, this home's market value falls around $1,382,978. For a well positioned listing in SHOALMONT, I'd target the $1,674,000 to $1,787,000 range. In the current SHOALMONT market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 563 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 7 similar homes on the market in SHOALMONT, ranging from $1,400,000 to $2,075,000. Recent trends in SHOALMONT show home values have risen 21.4% since 6 months ago. The most comparable recent sale is 4811 Shoal Creek BLVD, Austin TX 78756, with an adjusted value of $1,352,296; with a smaller floor plan. 4 comparable transactions in SHOALMONT 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