Reviewing the most recent comparable transactions, this home's market value falls around $3,382,800. For a well positioned listing in 78746, I'd target the $3,962,000 to $4,007,000 range. Among the similar homes currently available in 78746, this price point stands out as competitive. At 125 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in 78746; a buyer's market based on recent absorption. Recent trends in 78746 show home values have risen 7% since 6 months ago. The most comparable recent sale is 607 Westbrook DR, Austin TX 78746, with an adjusted value of $3,842,011; with a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
