9423 Big View DR, Austin TX 78730

My analysis of 5 comparable properties puts this home's estimated value at $1,386,976. Based on how the local market is moving, a list price between $1,487,000 and $1,548,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in RIVER PLACE's current inventory. This home's larger footprint (115 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.41 acres versus the area average of 0.33) contributes to the valuation. Right now, 4 similar properties are competing for buyers in RIVER PLACE, listed between $1,295,000 and $1,599,000. The 6 month price trend in RIVER PLACE: fallen 1.8%. The best comp here is 10005 Cormorant CV, Austin TX 78730 at an adjusted value of $1,178,803, with a larger floor plan. The comp data here (5 sales in RIVER PLACE) 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