After reviewing 7 recent transactions in TRAVIS SETTLEMENT, I estimate this property's value at $1,710,838. A competitive list price for this home right now would fall in the $1,159,000 to $1,169,000 range. This home's position in the current TRAVIS SETTLEMENT market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 841 sqft larger than the typical comp, the size difference factors into the valuation. At 6 years newer than typical comps, the 2016 build date influences the valuation. 7 similar homes are currently available in TRAVIS SETTLEMENT, creating a buyer's market for this price range. Prices in TRAVIS SETTLEMENT have fallen 56.5% over the last 6 months. A similar home at 4600 Wild Cow CV, Spicewood TX 78669 carries an adjusted comparable value of $2,521,428, providing a strong data point. The comp data here (7 sales in TRAVIS SETTLEMENT) 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