After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $478,771. Pricing this home between $670,000 and $686,000 would put it in the competitive sweet spot for 78735. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78735's current inventory. At 5 years older than typical comps, the 2003 build date influences the valuation. 7 similar homes are currently available in 78735, creating a buyer's market for this price range. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 6701 Covered Bridge DR # 40, Austin TX 78736 at an adjusted $371,580, is a strong comparable. With 3 comparable sales in 78735, 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