Reviewing the most recent comparable transactions, this home's market value falls around $1,824,260. For a well positioned listing in GREENSHORES, I'd target the $1,597,000 to $1,607,000 range. Among the similar homes currently available in GREENSHORES, this price point stands out as competitive. Being 845 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Current inventory shows 6 comparable homes in GREENSHORES; based on recent absorption. Recent trends in GREENSHORES show home values have risen 23.6% since 6 months ago. The most comparable recent sale is 7220 Oak Shores DR, Austin TX 78730, with an adjusted value of $1,961,395; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group