4 recent sales within a mile of this address suggest a current value of $4,087,872. My recommended list price range for this property would be $2,710,000 to $2,720,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78735. This home's larger footprint (295 sqft vs the comp average) plays a role in how the market prices it. The 0.90 acre lot (smaller than the 0.98 acre average) is reflected in the estimate. Buyers in 78735 have 2 comparable options right now, with asking prices between $2,149,000 and $5,500,000. In 78735, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 8700 Calera DR, Austin TX 78735, adjusting to $3,889,604; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
