The market data from 7 similar recent sales in 78738 points to a value of approximately $1,030,187. To sell within a reasonable timeframe at fair market value, the $1,207,000 to $1,269,000 range is where I'd position this. With 0 comparable homes on the market in 78738, this price positions the property as no active comparable homes on the market. At 295 sqft larger than the typical comp, the size difference factors into the valuation. The 1984 construction puts this home 14 years older than the comp average, a factor in the pricing. In 78738, home values have risen approximately 3.1% over the past 6 months. One of the strongest data points is 13512 Byrds Nest DR, Austin TX 78738, adjusting to $1,206,769; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group