The estimated value of this property is $675,676, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,537,000 and $1,563,000. With 7 comparable homes on the market in WINNERS CIRCLE, this price positions the property as the most affordable of 7 comparable homes on the market. The smaller floor plan (235 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in WINNERS CIRCLE, listed between $829,000 and $2,500,000. Recent trends in 78746 show home values have fallen 2.1% since 6 months ago. The most comparable recent sale is 4231 Westlake DR, Austin TX 78746, with an adjusted value of $605,792; with a larger floor plan. Based on 3 relevant data points in WINNERS CIRCLE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX