7 recent sales within half a mile of this address suggest a current value of $2,881,405. My recommended list price range for this property would be $2,548,000 to $2,558,000. With 6 comparable homes on the market in 78703, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. Being 128 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2021, this home is 31 years newer than the average comp, which is reflected in the adjustments. Buyers in 78703 have 6 comparable options right now, with asking prices between $2,600,000 and $5,700,000. In 78703, home values have risen approximately 16.2% over the past 6 months. One of the strongest data points is 1016 Shelley Ave, Austin TX 78703, adjusting to $2,349,871; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group