11548 Cedarcliffe DR, Austin TX 78750

Based on 6 closed sales in 78750, the data points to a value around $1,121,027 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,141,000 to $1,149,000. Buyers shopping in 78750 right now would see this as a well positioned option among 3 comparable homes. At 115 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in 78750; a balanced market based on recent absorption. Market data shows 78750 prices fallen 8.2% over the last half year. The closest comparable sale, 9408 BING CHERRY LN, Austin TX 78750 at an adjusted $1,140,529, is with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in 78750. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group