My analysis of 7 comparable properties puts this home's estimated value at $1,331,459. Based on how the local market is moving, a list price between $942,000 and $952,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in ONION CREEK RANCH's current inventory. This home's larger footprint (114 sqft vs the comp average) plays a role in how the market prices it. At 17 years older than typical comps, the 2005 build date influences the valuation. There are currently 7 similar homes on the market in ONION CREEK RANCH, ranging from $945,000 to $1,995,000. The 6 month price trend in 78619: risen 5.8%. The best comp here is 260 Bird HOLW, Austin TX 78737 at an adjusted value of $1,244,751, with a smaller floor plan. The comp data here (7 sales in ONION CREEK RANCH) 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