Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,069,717. If we were to list this property today, I'd recommend a list price in the $758,000 to $768,000 range. Buyers shopping in 78731 right now would see this as a well positioned option among 3 comparable homes. Right now, 3 similar properties are competing for buyers in 78731, listed between $850,000 and $1,300,000. The 6 month price trend in 78731: fallen 16.3%. The best comp here is 7201 Mesa DR, Austin TX 78731 at an adjusted value of $807,378, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78731. 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