9740 Big View DR, Austin TX 78730

Based on 4 closed sales in RIVER PLACE, the data points to a value around $1,151,640 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,117,000 to $1,186,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in RIVER PLACE's current inventory. The 120 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.75 acres versus 0.50 for the typical comp. Current inventory shows 4 comparable homes in RIVER PLACE; a buyer's market based on recent absorption. Market data shows RIVER PLACE prices fallen 1.8% over the last half year. The closest comparable sale, 4700 River Place BLVD # 3, Austin TX 78730 at an adjusted $1,061,565, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in RIVER PLACE. 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