Reviewing the most recent comparable transactions, this home's market value falls around $2,053,228. For a well positioned listing in ARBOLAGO, I'd target the $2,012,000 to $2,094,000 range. With 3 comparable homes on the market in ARBOLAGO, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (291 sqft compared to the average comp) is a meaningful differentiator in this price range. 3 similar homes are currently available in ARBOLAGO, creating a buyer's market for this price range. Recent trends in 78734 show home values have risen 11.1% since 6 months ago. The most comparable recent sale is 201 BELLA CIMA DR, Austin TX 78734, with an adjusted value of $1,932,382; with a larger floor plan and a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
