1113 Elder CIR, Austin TX 78733

After reviewing 5 recent transactions in ROB ROY, I estimate this property's value at $1,553,981. A competitive list price for this home right now would fall in the $1,860,000 to $1,879,000 range. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in ROB ROY's current inventory. At 8 years newer than typical comps, the 2001 build date influences the valuation. The larger lot (1.01 acres versus the area average of 0.81) contributes to the valuation. Right now, 6 similar properties are competing for buyers in ROB ROY, listed between $1,490,000 and $3,750,000. Prices in ROB ROY have fallen 22.9% over the last 6 months. A similar home at 8311 SUMNER CT, Austin TX 78733 carries an adjusted comparable value of $1,625,711, providing a strong data point. With 5 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