The estimated value of this property is $2,962,833, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $3,007,000 and $3,070,000. Among the similar homes currently available in SEVEN OAKS, this price point stands out as competitive. The larger floor plan (565 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.06 acre lot (smaller than the 1.15 acre average) is reflected in the estimate. There are currently 2 similar homes on the market in SEVEN OAKS, ranging from $2,825,000 to $3,400,000. Recent trends in 78733 show home values have fallen 8.9% since 6 months ago. The most comparable recent sale is 8708 Capehart CV, Austin TX 78733, with an adjusted value of $3,006,657; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
