Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,264,034. I'd recommend coming to market at $967,000 to $977,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in GREENSHORES. Being 226 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.50 acre lot (larger than the 0.45 acre average) is reflected in the estimate. 7 similar homes are currently available in GREENSHORES, creating a seller's market for this price range. The trend in GREENSHORES shows prices have risen 19.9% in the past 6 months. 7804 Lazy River CV, Austin TX 78730 nearby adjusts to $1,201,407; with a pool. With 6 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
