Reviewing the most recent comparable transactions, this home's market value falls around $825,931. For a well positioned listing in CIRCLE C RANCH, I'd target the $688,000 to $698,000 range. Against 4 similar active listings in CIRCLE C RANCH, this price point lands at the most expensive of 4 comparable homes on the market. The smaller floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 5 of 5 comparable sales didn't include one. There are currently 4 similar homes on the market in CIRCLE C RANCH, ranging from $600,000 to $750,000. Recent trends in CIRCLE C RANCH show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 5812 Back Bay CT, Austin TX 78739, with an adjusted value of $779,340; with no pool. The 5 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