9805 Big View DR, Austin TX 78730

Based on 4 closed sales in RIVER PLACE, the data points to a value around $1,454,643 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,271,000 to $2,322,000. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 7 comparable homes. Being 102 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 4 minus 1 of the comps had one. With 7 similar homes currently listed in RIVER PLACE (a balanced market), competition is a factor to consider. Market data shows RIVER PLACE prices fallen 17.5% over the last half year. The closest comparable sale, 10005 Cormorant CV, Austin TX 78730 at an adjusted $1,241,888, is with a smaller floor plan and no pool. 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