1109 Mahan DR # B, Austin TX 78721

The estimated value of this property is $609,297, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $481,000 and $491,000. In the current PECAN GROVE market with 4 similar homes available, this price represents the 0th most expensive of 4 comparable homes on the market. The larger floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2015, this home is 40 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in PECAN GROVE (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have fallen 14% since 6 months ago. The most comparable recent sale is 5401 Stuart Cir DR # 1, Austin TX 78721, with an adjusted value of $467,631; with a smaller floor plan. Based on 7 relevant data points in PECAN GROVE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX