The estimated value of this property is $1,474,761, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $718,000 and $728,000. At this price, the property would be the 0th most expensive of 4 comparable homes on the market comparable homes currently on the market in SEAWIND. At 253 sqft smaller than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in SEAWIND (a buyer's market), competition is a factor to consider. Recent trends in 78734 show home values have fallen 11.5% since 6 months ago. The most comparable recent sale is 3 Applegreen CT, The Hills TX 78738, with an adjusted value of $1,359,121; with a smaller floor plan and a pool. Based on 4 relevant data points in SEAWIND, 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
