5824 Via DR, Austin TX 78735

Based on 7 closed sales in REGENTS, the data points to a value around $2,294,068 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $999,000 to $1,009,000. This would position the home competitively among 7 active listings in REGENTS. This home's larger footprint (155 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.58 acres versus 0.62 for the typical comp. Current inventory shows 7 comparable homes in REGENTS; a buyer's market based on recent absorption. Market data shows 78735 prices fallen 11.6% over the last half year. The closest comparable sale, 3604 Travis Country CIR, Austin TX 78735 at an adjusted $1,749,986, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in REGENTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group