Reviewing the most recent comparable transactions, this home's market value falls around $1,221,845. For a well positioned listing in BEAU SITE, I'd target the $1,524,000 to $1,538,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BEAU SITE. The 476 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.42 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Buyers in BEAU SITE have 7 comparable options right now, with asking prices between $1,195,000 and $1,799,000. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 830 Harris Ave, Austin TX 78705, with an adjusted value of $1,147,000; with a smaller floor plan. 7 comparable transactions in BEAU SITE 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