Taking into account 5 nearby comparable sales, this property's estimated value comes to $1,636,891. If we were to list this property today, I'd recommend a list price in the $1,141,000 to $1,151,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in OVERLOOK ESTATES's current inventory. The larger floor plan (834 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.50 acres versus 1.09 for the typical comp. Buyers in OVERLOOK ESTATES have 4 comparable options right now, with asking prices between $1,200,000 and $2,250,000. The 6 month price trend in 78736: fallen 13.7%. The best comp here is 10700 Superview DR, Austin TX 78736 at an adjusted value of $1,956,125, with a smaller floor plan and a pool. The strength of this estimate comes from 5 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
