5914 Inter Council CV, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,737,675. For a well positioned listing in 78731, I'd target the $1,098,000 to $1,108,000 range. With 7 comparable homes on the market in 78731, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (116 sqft vs the comp average) plays a role in how the market prices it. At 0.18 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78731, ranging from $999,000 to $2,750,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 5300 N Scout Island CIR, Austin TX 78731, with an adjusted value of $2,509,358; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group