11612 Faubian LN, Austin TX 78717

Based on 5 closed sales in AVERY RANCH, the data points to a value around $528,827 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $574,000 to $582,000. Buyers shopping in AVERY RANCH right now would see this as a well positioned option among 7 comparable homes. Being built in 2013 (5 years newer than comps) is factored into the value estimate. The active market in AVERY RANCH includes 7 comparable homes priced from $449,000 to $625,000. Market data shows AVERY RANCH prices fallen 25% over the last half year. The closest comparable sale, 11600 Santa Elena LN, Austin TX 78717 at an adjusted $518,942, is with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in AVERY RANCH. 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