My analysis of 7 comparable properties puts this home's estimated value at $979,008. Based on how the local market is moving, a list price between $798,000 and $808,000 would position this home well. This would position the home competitively among 7 active listings in SOUTH VIEW ESTATES. Having a pool is a plus; 6 of the 7 comps lacked one. At 5 years older than typical comps, the 1996 build date influences the valuation. There are currently 7 similar homes on the market in SOUTH VIEW ESTATES, ranging from $791,500 to $1,500,000. The 6 month price trend in 78737: risen 1.3%. The best comp here is 9305 W View RD, Austin TX 78737 at an adjusted value of $942,758, a strong comparable. The comp data here (7 sales in SOUTH VIEW ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus