Taking into account 3 nearby comparable sales, this property's estimated value comes to $504,158. If we were to list this property today, I'd recommend a list price in the $601,000 to $710,000 range. Relative to what's currently available in TANNEHILL J, this home would be the 2nd most expensive of 4 comparable homes on the market. Lot size matters here: 0.22 acres versus 0.19 for the typical comp. There are currently 4 similar homes on the market in TANNEHILL J, ranging from $460,000 to $1,150,000. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 1181 Ridgeway DR, Austin TX 78702 at an adjusted value of $440,316, with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in TANNEHILL J. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group