After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $606,415. Pricing this home between $663,000 and $677,000 would put it in the competitive sweet spot for AVERY RANCH. This pricing would rank the home as the most affordable of 3 comparable homes on the market in AVERY RANCH's current inventory. Current inventory shows 3 comparable homes in AVERY RANCH; a buyer's market based on recent absorption. Market data shows AVERY RANCH prices fallen 15.6% over the last half year. The closest comparable sale, 11704 Santa Elena LN, Austin TX 78717 at an adjusted $637,854, is a strong comparable. With 3 comparable sales in AVERY RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
