The estimated value of this property is $1,246,004, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $712,000 and $722,000. Against 7 similar active listings in TERRA LINDA WESTLAKE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2011, this home is 26 years newer than the average comp, which is reflected in the adjustments. Buyers in TERRA LINDA WESTLAKE have 7 comparable options right now, with asking prices between $670,000 and $3,900,000. Recent trends in 78746 show home values have risen 10.5% since 6 months ago. The most comparable recent sale is 2303 Doral DR, Austin TX 78746, with an adjusted value of $1,346,146; a strong comparable. With 7 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
