7 recent sales within a mile of this address suggest a current value of $1,176,504. My recommended list price range for this property would be $490,000 to $500,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in THEODORE BISSELL SURV #18. Built in 2007, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.87 acre lot (larger than the 0.77 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in THEODORE BISSELL SURV #18, listed between $499,000 and $1,589,000. In 78745, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 20 Reese DR, Sunset Valley TX 78745, adjusting to $1,182,577; with a smaller floor plan. Based on 7 relevant data points in THEODORE BISSELL SURV #18, 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
