The estimated value of this property is $459,299, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $393,000 and $403,000. 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 WINDERMERE OAKS. At 239 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.31 acre lot (larger than the 0.21 acre average) is reflected in the estimate. With 4 similar homes currently listed in WINDERMERE OAKS (a buyer's market), competition is a factor to consider. Recent trends in WINDERMERE OAKS show home values have risen 60.2% since 6 months ago. The most comparable recent sale is 312 Bedford DR, Spicewood TX 78669, with an adjusted value of $454,524; a strong comparable. Based on 3 relevant data points in WINDERMERE OAKS, 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
