7126 Las Ventanas DR, Austin TX 78731

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,135,877. I'd recommend coming to market at $1,572,000 to $1,575,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78731, this price point lands at the most affordable of 7 comparable homes on the market. The larger floor plan (366 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.10 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78731; a balanced market based on recent absorption. The trend in 78731 shows prices have risen 8.2% in the past 6 months. 7115 Las Ventanas DR, Austin TX 78731 nearby adjusts to $1,041,766; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group