11203 STORMY RIDGE RD, Austin TX 78739

The market data from 3 similar recent sales in SHADY HOLLOW points to a value of approximately $701,221. To sell within a reasonable timeframe at fair market value, the $378,000 to $388,000 range is where I'd position this. In the current SHADY HOLLOW market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 0.60 acres, the lot is larger than the 0.52 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SHADY HOLLOW; a seller's market based on recent absorption. In SHADY HOLLOW, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 11416 Sundown TRL, Austin TX 78739, adjusting to $707,767; a strong comparable. 3 comparable transactions in SHADY HOLLOW 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