After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $4,468,801. Pricing this home between $6,225,000 and $6,381,000 would put it in the competitive sweet spot for TIMBERLINE TERRACE. Buyers shopping in TIMBERLINE TERRACE right now would see this as a well positioned option among 7 comparable homes. The 648 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 2008 build date influences the valuation. There are currently 7 similar homes on the market in TIMBERLINE TERRACE, ranging from $4,875,000 to $10,500,000. Market data shows 78746 prices risen 1.7% over the last half year. The closest comparable sale, 5009 Timberline DR, Austin TX 78746 at an adjusted $6,225,381, is with a pool. The comp data here (7 sales in TIMBERLINE TERRACE) 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