After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,271,658. Pricing this home between $1,435,000 and $1,450,000 would put it in the competitive sweet spot for GREENSHORES. Relative to what's currently available in GREENSHORES, this home would be the most affordable of 7 comparable homes on the market. At 320 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.41 acres versus the area average of 0.37) contributes to the valuation. There are currently 7 similar homes on the market in GREENSHORES, ranging from $1,350,000 to $4,250,000. Market data shows GREENSHORES prices risen 16.5% over the last half year. The closest comparable sale, 3816 Pappys WAY, Austin TX 78730 at an adjusted $1,211,977, is with a smaller floor plan. The comp data here (5 sales in GREENSHORES) 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
