11536 Cedarcliffe DR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,191,640. For a well positioned listing in FOREST THE, I'd target the $1,457,000 to $1,461,000 range. Against 7 similar active listings in FOREST THE, this price point lands at the most affordable of 7 comparable homes on the market. This home's larger footprint (166 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. Current inventory shows 7 comparable homes in FOREST THE; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 10517 Grand Oak CIR, Austin TX 78750, with an adjusted value of $1,001,719; a strong comparable. 5 comparable transactions in FOREST THE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group