11015 Arroyo CYN, Austin TX 78736

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,779,762. I'd recommend coming to market at $1,372,000 to $1,382,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78736. The 5.02 acre lot (larger than the 0.59 acre average) is reflected in the estimate. Buyers in 78736 have 7 comparable options right now, with asking prices between $1,250,000 and $2,495,000. The trend in 78736 shows prices have fallen 18.3% in the past 6 months. 11913 Preserve Vista TER, Austin TX 78738 nearby adjusts to $1,378,938; with a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group