Based on 7 closed sales in VALLEY LOST CREEK, the data points to a value around $1,447,814 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,097,000 to $1,107,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in VALLEY LOST CREEK's current inventory. Being built in 2016 (28 years newer than comps) is factored into the value estimate. Lot size matters here: 0.12 acres versus 0.38 for the typical comp. 3 similar homes are currently available in VALLEY LOST CREEK, creating a buyer's market for this price range. Market data shows 78746 prices risen 10.9% over the last half year. The closest comparable sale, 7020 Clifton LN, Austin TX 78746 at an adjusted $1,325,909, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in VALLEY LOST CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group