Reviewing the most recent comparable transactions, this home's market value falls around $3,260,600. For a well positioned listing in 78746, I'd target the $3,913,000 to $3,961,000 range. Among the similar homes currently available in 78746, this price point stands out as competitive. The 2017 construction puts this home 5 years older than the comp average, a factor in the pricing. 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 2.6% since 6 months ago. The most comparable recent sale is 607 Westbrook DR, Austin TX 78746, with an adjusted value of $3,841,953; with a pool. The 6 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
