Taking into account 3 nearby comparable sales, this property's estimated value comes to $426,853. If we were to list this property today, I'd recommend a list price in the $481,000 to $496,000 range. Buyers shopping in HERITAGE OAKS PATIO HOMES right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (229 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2003 (8 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in HERITAGE OAKS PATIO HOMES (a balanced market), competition is a factor to consider. The 6 month price trend in 78729: risen 2.9%. The best comp here is 8713 Blackvireo DR, Austin TX 78729 at an adjusted value of $437,567, a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
