The market data from 6 similar recent sales in BARTON CREEK SEC points to a value of approximately $3,581,213. To sell within a reasonable timeframe at fair market value, the $2,514,000 to $2,524,000 range is where I'd position this. Against 3 similar active listings in BARTON CREEK SEC, this price point lands at the most expensive of 3 comparable homes on the market. The 766 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 2 of 6 comparable sales didn't include one. 3 similar homes are currently available in BARTON CREEK SEC, creating a buyer's market for this price range. In BARTON CREEK SEC, home values have risen approximately 8.3% over the past 6 months. One of the strongest data points is 8700 Calera DR, Austin TX 78735, adjusting to $3,524,631; with a smaller floor plan. The 6 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