Based on 7 closed sales in VISTA WEST, the data points to a value around $1,297,433 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,115,000 to $1,125,000. Buyers shopping in VISTA WEST right now would see this as a well positioned option among 5 comparable homes. Being built in 1978 (6 years newer than comps) is factored into the value estimate. There are currently 5 similar homes on the market in VISTA WEST, ranging from $1,050,000 to $1,335,000. Market data shows VISTA WEST prices fallen 2.1% over the last half year. The closest comparable sale, 7643 Parkview CIR, Austin TX 78731 at an adjusted $1,518,681, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus