3 recent sales within half a mile of this address suggest a current value of $3,883,761. My recommended list price range for this property would be $3,375,000 to $3,385,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in 78735. This home's larger footprint (889 sqft vs the comp average) plays a role in how the market prices it. The 0.90 acre lot (smaller than the 0.99 acre average) is reflected in the estimate. Buyers in 78735 have 4 comparable options right now, with asking prices between $2,850,000 and $4,900,000. In 78735, home values have fallen approximately 11.3% over the past 6 months. One of the strongest data points is 9508 Veletta PL, Austin TX 78735, adjusting to $3,996,531; with a smaller floor plan. With 3 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
