9825 Big View DR, Austin TX 78730

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,481,491. Pricing this home between $2,231,000 and $2,256,000 would put it in the competitive sweet spot for RIVER PLACE. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (639 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.69 acres versus the area average of 0.43) contributes to the valuation. Current inventory shows 7 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, 10005 Cormorant CV, Austin TX 78730 at an adjusted $1,305,223, is with a smaller floor plan. With 4 comparable sales in RIVER PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group