11213 Gorham Glen CT, Austin TX 78739

The market data from 7 similar recent sales in CIRCLE C RANCH points to a value of approximately $985,719. To sell within a reasonable timeframe at fair market value, the $854,000 to $864,000 range is where I'd position this. With 5 comparable homes on the market in CIRCLE C RANCH, this price positions the property as the most expensive of 5 comparable homes on the market. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. At 0.28 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. With 5 similar homes currently listed in CIRCLE C RANCH (a seller's market), competition is a factor to consider. In CIRCLE C RANCH, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 5812 Gorham Glen LN, Austin TX 78739, adjusting to $1,199,644; with a smaller floor plan. 7 comparable transactions in CIRCLE C RANCH 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