1005 Elder CIR, Austin TX 78733

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $4,517,403. I'd recommend coming to market at $2,356,000 to $2,366,000 to strike the right balance between value and market velocity. In the current ROB ROY market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The larger floor plan (848 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2008, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in ROB ROY, listed between $2,190,000 and $5,500,000. The trend in ROB ROY shows prices have fallen 22.9% in the past 6 months. 1401 N Weston LN, Austin TX 78733 nearby adjusts to $7,943,352; with a smaller floor plan and a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group