5 recent sales within half a mile of this address suggest a current value of $456,079. My recommended list price range for this property would be $387,000 to $397,000. In the current COUNTRY CLUB ESTATES market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 2015, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in COUNTRY CLUB ESTATES; a buyer's market based on recent absorption. In COUNTRY CLUB ESTATES, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 3960 Outpost TRCE, Lago Vista TX 78645, adjusting to $430,960; a strong comparable. Based on 5 relevant data points in COUNTRY CLUB ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
