Reviewing the most recent comparable transactions, this home's market value falls around $2,859,132. For a well positioned listing in BARTON CREEK SEC, I'd target the $3,194,000 to $3,713,000 range. In the current BARTON CREEK SEC market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Being 258 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2015 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in BARTON CREEK SEC includes 5 comparable homes priced from $2,890,000 to $4,250,000. Recent trends in BARTON CREEK SEC show home values have risen 11.4% since 6 months ago. The most comparable recent sale is 8809 Mendocino DR, Austin TX 78735, with an adjusted value of $2,331,484; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
