11420 Sierra Blanca ST, Austin TX 78726

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $777,126. I'd recommend coming to market at $360,000 to $370,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ANDERSON MILL ESTATES, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (630 sqft vs the comp average) plays a role in how the market prices it. The 0.93 acre lot (larger than the 0.64 acre average) is reflected in the estimate. With 7 similar homes currently listed in ANDERSON MILL ESTATES (a balanced market), competition is a factor to consider. The trend in ANDERSON MILL ESTATES shows prices have fallen 37.5% in the past 6 months. 11302 Centennial TRL, Austin TX 78726 nearby adjusts to $974,050; with a larger floor plan. With 7 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