After reviewing 7 recent transactions in 78746, I estimate this property's value at $2,897,725. A competitive list price for this home right now would fall in the $4,276,000 to $4,374,000 range. This home's position in the current 78746 market: the most affordable of 4 comparable homes on the market among comparable properties. At 2,390 sqft larger than the typical comp, the size difference factors into the valuation. At 7 years newer than typical comps, the 2009 build date influences the valuation. With 4 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Prices in 78746 have risen 24.1% over the last 6 months. A similar home at 512 Newhall CV, Austin TX 78746 carries an adjusted comparable value of $3,289,704, providing a strong data point. The comp data here (7 sales in 78746) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
