Taking into account 3 nearby comparable sales, this property's estimated value comes to $2,374,997. If we were to list this property today, I'd recommend a list price in the $1,989,000 to $1,999,000 range. This would position the home competitively among 7 active listings in SKY FOREST. Being built in 2006 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.30 acres versus 0.34 for the typical comp. Current inventory shows 7 comparable homes in SKY FOREST; a buyer's market based on recent absorption. The 6 month price trend in 78746: risen 27.4%. The best comp here is 5801 Fox Chapel DR, Austin TX 78746 at an adjusted value of $2,116,429, with a pool. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus