11617 Georgian Oaks DR, Austin TX 78739

The market data from 6 similar recent sales in 78739 points to a value of approximately $1,046,536. To sell within a reasonable timeframe at fair market value, the $1,026,000 to $1,067,000 range is where I'd position this. With 5 comparable homes on the market in 78739, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (101 sqft vs the comp average) plays a role in how the market prices it. The 2003 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78739 (a seller's market), competition is a factor to consider. In 78739, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 6400 Magenta LN, Austin TX 78739, adjusting to $1,180,822; with a smaller floor plan. 6 comparable transactions in 78739 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