10605 Sierra Oaks, Austin TX 78759

The market data from 6 similar recent sales in SIERRA ARBOR ESTATES points to a value of approximately $1,070,599. To sell within a reasonable timeframe at fair market value, the $862,000 to $872,000 range is where I'd position this. In the current SIERRA ARBOR ESTATES market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The larger floor plan (440 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.52 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SIERRA ARBOR ESTATES; a balanced market based on recent absorption. In 78759, home values have risen approximately 10.2% over the past 6 months. One of the strongest data points is 5828 Taylor Draper CV, Austin TX 78759, adjusting to $983,475; with a smaller floor plan. 6 comparable transactions in SIERRA ARBOR ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group