711 River RD, Austin TX 78734

Based on 7 closed sales in 78734, the data points to a value around $1,914,244 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,098,000 to $2,155,000. Relative to what's currently available in 78734, this home would be the 2nd most expensive of 4 comparable homes on the market. A pool adds market appeal. Only 7 minus 5 of the comps had one. Lot size matters here: 0.88 acres versus 0.94 for the typical comp. The active market in 78734 includes 4 comparable homes priced from $1,597,500 to $2,750,000. Market data shows 78734 prices fallen 10.7% over the last half year. The closest comparable sale, 306 Bella Montagna CIR, Austin TX 78734 at an adjusted $2,443,417, is with a larger floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in 78734. 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