11417 Kingsgate DR, Austin TX 78748

The market data from 3 similar recent sales in HILLCREST points to a value of approximately $509,531. To sell within a reasonable timeframe at fair market value, the $499,000 to $520,000 range is where I'd position this. With 3 comparable homes on the market in HILLCREST, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (297 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in HILLCREST have 3 comparable options right now, with asking prices between $470,000 and $525,000. In HILLCREST, home values have fallen approximately 17.1% over the past 6 months. One of the strongest data points is 2552 Lavendale CT, Austin TX 78748, adjusting to $518,490; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group