11508 Silver Lake CT, Austin TX 78732

The market data from 7 similar recent sales in STEINER RANCH points to a value of approximately $1,918,005. To sell within a reasonable timeframe at fair market value, the $2,042,000 to $2,065,000 range is where I'd position this. With 3 comparable homes on the market in STEINER RANCH, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (122 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.55 acres, the lot is larger than the 0.48 acre comp average, which factors into pricing. The active market in STEINER RANCH includes 3 comparable homes priced from $1,649,000 to $2,195,000. In STEINER RANCH, home values have risen approximately 1.4% over the past 6 months. One of the strongest data points is 11501 Firethorn CT, Austin TX 78732, adjusting to $2,041,637; with a smaller floor plan. The 7 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