113 Running Water, Austin TX 78737

The estimated value of this property is $660,300, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $724,000 and $728,000. Against 7 similar active listings in HIGHPOINTE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (170 sqft vs the comp average) plays a role in how the market prices it. Built in 2005, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in HIGHPOINTE; a balanced market based on recent absorption. Recent trends in HIGHPOINTE show home values have fallen 22.6% since 6 months ago. The most comparable recent sale is 399 Whispering Wind WAY, Austin TX 78737, with an adjusted value of $692,607; a strong comparable. Based on 3 relevant data points in HIGHPOINTE, 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