The estimated value of this property is $466,278, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $329,000 and $339,000. With 6 comparable homes on the market in AVERY RANCH FAR WEST, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. Current inventory shows 6 comparable homes in AVERY RANCH FAR WEST; a seller's market based on recent absorption. Recent trends in AVERY RANCH FAR WEST show home values have risen 17.9% since 6 months ago. The most comparable recent sale is 11221 McKinney Spring DR, Austin TX 78717, with an adjusted value of $456,812; a strong comparable. Based on 7 relevant data points in AVERY RANCH FAR WEST, 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