My analysis of 4 comparable properties puts this home's estimated value at $3,366,724. Based on how the local market is moving, a list price between $2,491,000 and $2,501,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in BARTON CREEK SEC's current inventory. The smaller floor plan (253 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 7 similar homes on the market in BARTON CREEK SEC, ranging from $2,100,000 to $4,250,000. The 6 month price trend in BARTON CREEK SEC: risen 15%. The best comp here is 9600 Veletta PL, Austin TX 78735 at an adjusted value of $3,054,522, with a smaller floor plan. With 4 comparable sales in BARTON CREEK SEC, 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