1100 Desirable DR, Austin TX 78721

My analysis of 6 comparable properties puts this home's estimated value at $505,301. Based on how the local market is moving, a list price between $253,000 and $263,000 would position this home well. This home's position in the current PECAN GROVE market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (285 sqft compared to the average comp) is a meaningful differentiator in this price range. At 13 years newer than typical comps, the 2000 build date influences the valuation. Current inventory shows 7 comparable homes in PECAN GROVE; a buyer's market based on recent absorption. The 6 month price trend in 78721: fallen 7.5%. The best comp here is 5500 Stuart CIR, Austin TX 78721 at an adjusted value of $431,935, with a larger floor plan. With 6 comparable sales in PECAN GROVE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group