My analysis of 7 comparable properties puts this home's estimated value at $784,780. Based on how the local market is moving, a list price between $819,000 and $857,000 would position this home well. This home's position in the current TRAVIS COUNTRY WEST market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (154 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 7 of the 7 comps lacked one. The active market in TRAVIS COUNTRY WEST includes 3 comparable homes priced from $885,000 to $1,299,000. The 6 month price trend in 78735: fallen 14.2%. The best comp here is 5724 Medicine Creek DR, Austin TX 78735 at an adjusted value of $880,789, with no pool. With 7 comparable sales in TRAVIS COUNTRY WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
