The comparable sales data (6 recent transactions in COLDWATER RIDGE CONDO) supports an estimated value of $1,668,030. The data suggests a list price between $1,096,000 and $1,106,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in COLDWATER RIDGE CONDO, this home would be the 2nd most expensive of 7 comparable homes on the market. Being built in 2006 (10 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in COLDWATER RIDGE CONDO (a buyer's market), competition is a factor to consider. Prices in 78730 have fallen 8.4% over the last 6 months. A similar home at 5300 N Scout Island CIR, Austin TX 78731 carries an adjusted comparable value of $2,660,604, providing a strong data point. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus