5709 Raindrop CV, Austin TX 78759

Reviewing the most recent comparable transactions, this home's market value falls around $926,524. For a well positioned listing in GREENS, I'd target the $948,000 to $1,103,000 range. In the current GREENS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 1998 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.32 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. With 4 similar homes currently listed in GREENS (a balanced market), competition is a factor to consider. Recent trends in 78759 show home values have risen 5.3% since 6 months ago. The most comparable recent sale is 8902 Spicebrush DR, Austin TX 78759, with an adjusted value of $947,971; with a larger floor plan. 6 comparable transactions in GREENS 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