Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,803,931. To generate strong buyer interest while maximizing value, I'd price this between $2,448,000 and $2,458,000. With 6 comparable homes on the market in BARTON CREEK SEC, this price positions the property as the most expensive of 6 comparable homes on the market. At 596 sqft larger than the typical comp, the size difference factors into the valuation. The 2014 construction puts this home 6 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in BARTON CREEK SEC, creating a buyer's market for this price range. The trend in BARTON CREEK SEC shows prices have risen 15.7% in the past 6 months. 4220 Verano DR, Austin TX 78735 nearby adjusts to $3,579,586; with a smaller floor plan and a pool. 7 comparable transactions in BARTON CREEK SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
