8401 Big View DR, Austin TX 78730

After reviewing 7 recent transactions in RIVER PLACE, I estimate this property's value at $1,405,121. A competitive list price for this home right now would fall in the $1,211,000 to $1,221,000 range. This would position the home competitively among 7 active listings in RIVER PLACE. At 762 sqft larger than the typical comp, the size difference factors into the valuation. At 8 years newer than typical comps, the 2007 build date influences the valuation. With 7 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Prices in RIVER PLACE have fallen 3.7% over the last 6 months. A similar home at 4105 Michael Neill DR, Austin TX 78730 carries an adjusted comparable value of $1,425,752, providing a strong data point. With 7 comparable sales in RIVER PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group