After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $3,177,690. Pricing this home between $2,621,000 and $2,631,000 would put it in the competitive sweet spot for DAVENPORT RANCH. This would position the home competitively among 4 active listings in DAVENPORT RANCH. Being 134 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 6 years newer than typical comps, the 2005 build date influences the valuation. Right now, 4 similar properties are competing for buyers in DAVENPORT RANCH, listed between $2,750,000 and $5,250,000. Market data shows DAVENPORT RANCH prices risen 36.7% over the last half year. The closest comparable sale, 2201 Far Gallant, Austin TX 78746 at an adjusted $3,775,790, is with a larger floor plan and a pool. With 5 comparable sales in DAVENPORT RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
