Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,271,487. I'd recommend coming to market at $1,312,000 to $1,325,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in GREENSHORES. Being 107 sqft smaller than the average comparable sale in this area impacts the per square foot value. 3 similar homes are currently available in GREENSHORES, creating a buyer's market for this price range. The trend in GREENSHORES shows prices have risen 16.5% in the past 6 months. 7428 Oak Shores DR, Austin TX 78730 nearby adjusts to $1,325,296; with a smaller floor plan. With 7 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
