11051 Tangleridge CIR, Austin TX 78736

The market data from 7 similar recent sales in TANGLEWOOD WEST points to a value of approximately $614,294. To sell within a reasonable timeframe at fair market value, the $388,000 to $398,000 range is where I'd position this. Against 5 similar active listings in TANGLEWOOD WEST, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The 1984 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 1.00 acres, the lot is smaller than the 1.76 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in TANGLEWOOD WEST; a balanced market based on recent absorption. In 78736, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 10506 Spring Valley RD, Austin TX 78737, adjusting to $765,548; a strong comparable. 7 comparable transactions in TANGLEWOOD WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group