After reviewing 3 recent transactions in TRAVIS SETTLEMENT, I estimate this property's value at $2,206,693. A competitive list price for this home right now would fall in the $1,490,000 to $1,500,000 range. This home's position in the current TRAVIS SETTLEMENT market: the most expensive of 3 comparable homes on the market among comparable properties. At 311 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (3.56 acres versus the area average of 3.20) contributes to the valuation. 3 similar homes are currently available in TRAVIS SETTLEMENT, creating a buyer's market for this price range. Prices in TRAVIS SETTLEMENT have fallen 66.8% over the last 6 months. A similar home at 4503 Whirlwind CV, Spicewood TX 78669 carries an adjusted comparable value of $1,836,134, providing a strong data point. The comp data here (3 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
