11005 Cairnhill CT, Austin TX 78754

My analysis of 3 comparable properties puts this home's estimated value at $409,617. Based on how the local market is moving, a list price between $446,000 and $520,000 would position this home well. This would position the home competitively among 7 active listings in THORNBURY II. The larger lot (0.22 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in THORNBURY II; a buyer's market based on recent absorption. The 6 month price trend in THORNBURY II: fallen 10.4%. The best comp here is 7001 Midlothian DR, Austin TX 78754 at an adjusted value of $390,465, with a smaller floor plan. With 3 comparable sales in THORNBURY II, 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