Based on 3 closed sales in DIXIE TERRACE, the data points to a value around $1,189,449 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $835,000 to $845,000. This would position the home competitively among 7 active listings in DIXIE TERRACE. Being 105 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 3 minus 2 of the comps had one. Right now, 7 similar properties are competing for buyers in DIXIE TERRACE, listed between $740,000 and $1,999,000. Market data shows 78757 prices risen 7.9% over the last half year. The closest comparable sale, 1507 Villanova DR, Austin TX 78757 at an adjusted $1,267,800, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in DIXIE TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
