My analysis of 4 comparable properties puts this home's estimated value at $1,200,820. Based on how the local market is moving, a list price between $1,165,000 and $1,237,000 would position this home well. Buyers shopping in TRAVIS SETTLEMENT right now would see this as a well positioned option among 1 comparable homes. The 900 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 1 similar homes on the market in TRAVIS SETTLEMENT, ranging from $1,099,000 to $1,099,000. The 6 month price trend in TRAVIS SETTLEMENT: fallen 21.2%. The best comp here is 2706 Tradewind DR, Spicewood TX 78669 at an adjusted value of $953,713, with a smaller floor plan. With 4 comparable sales in TRAVIS SETTLEMENT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
