11506 Knipp CV, Austin TX 78739

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $967,445. I'd recommend coming to market at $742,000 to $752,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SHADY HOLLOW, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (888 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.51 acre lot (larger than the 0.44 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in SHADY HOLLOW, listed between $765,000 and $1,449,000. The trend in SHADY HOLLOW shows prices have fallen 1.6% in the past 6 months. 11720 Hobbiton TRL, Austin TX 78739 nearby adjusts to $787,891; with a smaller floor plan. Based on 3 relevant data points in SHADY HOLLOW, 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