8206 Two Coves DR, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $1,862,762. For a well positioned listing in 78730, I'd target the $1,341,000 to $1,351,000 range. With 7 comparable homes on the market in 78730, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 172 sqft larger than the average comparable sale in this area impacts the per square foot value. At 3.57 acres, the lot is larger than the 0.60 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78730 (a buyer's market), competition is a factor to consider. Recent trends in 78730 show home values have fallen 6.9% since 6 months ago. The most comparable recent sale is 6304 Bon Terra DR, Austin TX 78731, with an adjusted value of $1,675,758; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group