11617 Georgian Oaks DR, Austin TX 78739

The market data from 7 similar recent sales in 78739 points to a value of approximately $1,060,843. To sell within a reasonable timeframe at fair market value, the $1,153,000 to $1,180,000 range is where I'd position this. With 6 comparable homes on the market in 78739, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The 2003 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in 78739 (a seller's market), competition is a factor to consider. In 78739, home values have risen approximately 8.1% over the past 6 months. One of the strongest data points is 6400 Magenta LN, Austin TX 78739, adjusting to $1,180,370; with a smaller floor plan. 7 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