11220 Pinehurst DR, Austin TX 78747

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $619,016. I'd recommend coming to market at $676,000 to $764,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78747, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 106 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 5 of 6 comparable homes not offering one. There are currently 3 similar homes on the market in 78747, ranging from $522,500 to $1,149,999. The trend in 78747 shows prices have fallen 11.7% in the past 6 months. 10218 Braemar DR, Austin TX 78747 nearby adjusts to $764,328; with a larger floor plan and no pool. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group