The comparable sales data (7 recent transactions in SEVEN OAKS) supports an estimated value of $3,250,665. The data suggests a list price between $1,721,000 and $1,731,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SEVEN OAKS, this home would be the most expensive of 5 comparable homes on the market. This home's larger footprint (1,473 sqft vs the comp average) plays a role in how the market prices it. Being built in 2016 (10 years newer than comps) is factored into the value estimate. There are currently 5 similar homes on the market in SEVEN OAKS, ranging from $1,600,000 to $4,125,000. Prices in 78733 have fallen 8.9% over the last 6 months. A similar home at 9117 Brookhurst CV, Austin TX 78733 carries an adjusted comparable value of $4,169,488, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SEVEN OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
