Taking into account 7 nearby comparable sales, this property's estimated value comes to $883,868. If we were to list this property today, I'd recommend a list price in the $999,000 to $1,007,000 range. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in HILLS LAKEWAY's current inventory. At 234 sqft smaller than the typical comp, the size difference factors into the valuation. The active market in HILLS LAKEWAY includes 6 comparable homes priced from $769,000 to $1,299,000. The 6 month price trend in HILLS LAKEWAY: fallen 8%. The best comp here is 8 Cove Creek LN, Austin TX 78738 at an adjusted value of $708,780, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in HILLS LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group