Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $804,303. I'd recommend coming to market at $883,000 to $956,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in TRES VISTA, this price positions the property as the most affordable of 3 comparable homes on the market. The 1.50 acre lot (larger than the 0.43 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in TRES VISTA, listed between $895,000 and $1,068,240. The trend in 78669 shows prices have risen 18.5% in the past 6 months. 4608 Vista Estates CT, Spicewood TX 78669 nearby adjusts to $1,218,806; with a smaller floor plan and a pool. Based on 7 relevant data points in TRES VISTA, 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