10118 CLEMENTE CRES, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $895,496. I'd recommend coming to market at $751,000 to $761,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 78737, this price positions the property as below the only comparable home currently on the market. Built in 2000, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 1.07 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Right now, 1 similar properties are competing for buyers in 78737, listed between $720,000 and $720,000. The trend in 78737 shows prices have fallen 4.8% in the past 6 months. 5221 Austral LOOP, Austin TX 78739 nearby adjusts to $965,351; a strong comparable. With 7 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