The estimated value of this property is $964,025, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $945,000 and $983,000. With 3 comparable homes on the market in WINNERS CIRCLE, this price positions the property as the most affordable of 3 comparable homes on the market. The smaller floor plan (218 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.16 acre lot (smaller than the 0.36 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in WINNERS CIRCLE, listed between $1,050,000 and $3,500,000. Recent trends in 78746 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 2308 Matador CIR, Austin TX 78746, with an adjusted value of $1,110,180; a strong comparable. Based on 7 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