Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $782,495. I'd recommend coming to market at $789,000 to $810,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CANYON CREEK, this price point stands out as competitive. The larger floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 6 similar homes on the market in CANYON CREEK, ranging from $639,000 to $849,900. The trend in CANYON CREEK shows prices have fallen 6.3% in the past 6 months. 11216 Crossland DR, Austin TX 78726 nearby adjusts to $733,622; with a smaller floor plan. Based on 7 relevant data points in CANYON CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX