5905 Quernus CV, Austin TX 78735

Reviewing the most recent comparable transactions, this home's market value falls around $2,818,975. For a well positioned listing in REGENTS, I'd target the $3,281,000 to $3,591,000 range. With 3 comparable homes on the market in REGENTS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (338 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.37 acres, the lot is smaller than the 1.44 acre comp average, which factors into pricing. Buyers in REGENTS have 3 comparable options right now, with asking prices between $2,950,000 and $4,900,000. Recent trends in 78735 show home values have fallen 14.2% since 6 months ago. The most comparable recent sale is 9308 Travertine CV, Austin TX 78735, with an adjusted value of $2,197,845; with a smaller floor plan and a pool. 7 comparable transactions in REGENTS 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