My analysis of 7 comparable properties puts this home's estimated value at $4,581,886. Based on how the local market is moving, a list price between $4,444,000 and $4,719,000 would position this home well. Relative to what's currently available in BARTON CREEK SEC, this home would be below the only comparable home currently on the market. Being 1,979 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (2.72 acres versus the area average of 1.42) contributes to the valuation. Buyers in BARTON CREEK SEC have 1 comparable options right now, with asking prices between $7,995,000 and $7,995,000. The 6 month price trend in BARTON CREEK SEC: risen 11.4%. The best comp here is 8609 Navidad DR, Austin TX 78735 at an adjusted value of $5,925,138, with a smaller floor plan. The comp data here (7 sales in BARTON CREEK SEC) 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