Taking into account 6 nearby comparable sales, this property's estimated value comes to $905,866. If we were to list this property today, I'd recommend a list price in the $935,000 to $952,000 range. Relative to what's currently available in CIRCLE C RANCH, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 145 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.26 acres versus 0.21 for the typical comp. There are currently 7 similar homes on the market in CIRCLE C RANCH, ranging from $850,000 to $1,180,000. The 6 month price trend in CIRCLE C RANCH: fallen 3.1%. The best comp here is 6600 Magenta LN, Austin TX 78739 at an adjusted value of $859,273, with a pool. The strength of this estimate comes from 6 directly comparable sales in CIRCLE C RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group