1100 ELDER CIR, Austin TX 78733

After reviewing 7 recent transactions in ROB ROY, I estimate this property's value at $1,296,038. A competitive list price for this home right now would fall in the $1,529,000 to $1,707,000 range. This home's position in the current ROB ROY market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (146 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.62 acres versus the area average of 0.70) contributes to the valuation. 3 similar homes are currently available in ROB ROY, creating a buyer's market for this price range. Prices in ROB ROY have fallen 22.9% over the last 6 months. A similar home at 700 Barrett LN, Austin TX 78733 carries an adjusted comparable value of $1,024,957, providing a strong data point. With 7 comparable sales in ROB ROY, 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