11 Mountain Terrace CV, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $513,382. I'd recommend coming to market at $498,000 to $529,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in TERRACE THE PRESERVE CONDO THE, this price positions the property as the most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in TERRACE THE PRESERVE CONDO THE; a buyer's market based on recent absorption. The trend in 78734 shows prices have risen 4.6% in the past 6 months. 204 S Meadowlark ST, Lakeway TX 78734 nearby adjusts to $498,764; a strong comparable. Based on 5 relevant data points in TERRACE THE PRESERVE CONDO THE, 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