Reviewing the most recent comparable transactions, this home's market value falls around $537,393. For a well positioned listing in PEARSON PLACE AVERY RANCH, I'd target the $440,000 to $450,000 range. With 4 comparable homes on the market in PEARSON PLACE AVERY RANCH, this price positions the property as the most expensive of 4 comparable homes on the market. The 365 sqft size difference versus comparable sales is reflected in the adjusted values. The 2017 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in PEARSON PLACE AVERY RANCH (a buyer's market), competition is a factor to consider. Recent trends in 78717 show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 9305 McKnight LOOP # 4, Austin TX 78717, with an adjusted value of $596,558; 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