After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $357,254. Pricing this home between $284,000 and $294,000 would put it in the competitive sweet spot for COURTYARD HOMES COBBLESTONE CONDO. This home's position in the current COURTYARD HOMES COBBLESTONE CONDO market: the most expensive of 3 comparable homes on the market among comparable properties. Being 134 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 3 comparable homes in COURTYARD HOMES COBBLESTONE CONDO; a balanced market based on recent absorption. Market data shows 78729 prices risen 2.3% over the last half year. The closest comparable sale, 8518 Cahill DR # 23, Austin TX 78729 at an adjusted $308,697, is a strong comparable. The comp data here (6 sales in COURTYARD HOMES COBBLESTONE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
