The comparable sales data (7 recent transactions in BARTON CREEK SEC) supports an estimated value of $4,004,824. The data suggests a list price between $3,102,000 and $3,112,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 3 active listings in BARTON CREEK SEC. This home's larger footprint (1,493 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.52 acres versus 1.07 for the typical comp. With 3 similar homes currently listed in BARTON CREEK SEC (a buyer's market), competition is a factor to consider. Prices in BARTON CREEK SEC have risen 9% over the last 6 months. A similar home at 8700 Calera DR, Austin TX 78735 carries an adjusted comparable value of $3,680,515, providing a strong data point. 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