Taking into account 3 nearby comparable sales, this property's estimated value comes to $1,636,061. If we were to list this property today, I'd recommend a list price in the $1,142,000 to $1,152,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in OVERLOOK ESTATES's current inventory. The larger floor plan (906 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2019 (5 years newer than comps) is factored into the value estimate. Buyers in OVERLOOK ESTATES have 3 comparable options right now, with asking prices between $1,200,000 and $2,249,999. The 6 month price trend in 78736: fallen 9.1%. The best comp here is 10700 Superview DR, Austin TX 78736 at an adjusted value of $1,958,172, with a smaller floor plan and a pool. The strength of this estimate comes from 3 directly comparable sales in OVERLOOK ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group