The comparable sales data (7 recent transactions in BARTON CREEK SEC) supports an estimated value of $3,141,974. The data suggests a list price between $2,038,000 and $2,048,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 4 active listings in BARTON CREEK SEC. Being 735 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in BARTON CREEK SEC; a balanced market based on recent absorption. Prices in BARTON CREEK SEC have risen 11.4% over the last 6 months. A similar home at 8809 Mendocino DR, Austin TX 78735 carries an adjusted comparable value of $2,475,439, providing a strong data point. This estimate draws on 7 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