Reviewing the most recent comparable transactions, this home's market value falls around $754,281. For a well positioned listing in LEDGESTONE CLIFFS, I'd target the $739,000 to $769,000 range. In the current LEDGESTONE CLIFFS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 0.40 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. With 4 similar homes currently listed in LEDGESTONE CLIFFS (a balanced market), competition is a factor to consider. Recent trends in 78759 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 4110 Bluffridge DR, Austin TX 78759, with an adjusted value of $675,674; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group