704 Knollwood DR, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,810,235. For a well positioned listing in 78746, I'd target the $795,000 to $805,000 range. With 7 comparable homes on the market in 78746, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 200 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Right now, 7 similar properties are competing for buyers in 78746, listed between $650,000 and $3,325,990. Recent trends in 78746 show home values have risen 8.9% since 6 months ago. The most comparable recent sale is 6511 Torrey Pines CV, Austin TX 78746, with an adjusted value of $2,051,601; with a smaller floor plan and no pool. 7 comparable transactions in 78746 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group