7 recent sales in the surrounding area of this address suggest a current value of $1,109,546. My recommended list price range for this property would be $957,000 to $967,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in COLDWATER RIDGE CONDO. Being 112 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.00 acre lot (smaller than the 0.47 acre average) is reflected in the estimate. With 7 similar homes currently listed in COLDWATER RIDGE CONDO (a buyer's market), competition is a factor to consider. In 78730, home values have fallen approximately 8.4% over the past 6 months. One of the strongest data points is 7428 Oak Shores DR, Austin TX 78730, adjusting to $1,224,198; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group