11620 Faubian LN, Austin TX 78717

Based on 7 closed sales in AVERY RANCH FAR WEST, the data points to a value around $521,388 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $543,000 to $551,000. This home's position in the current AVERY RANCH FAR WEST market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2013 (5 years newer than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in AVERY RANCH FAR WEST, listed between $465,000 and $585,000. Market data shows AVERY RANCH FAR WEST prices risen 2.7% over the last half year. The closest comparable sale, 14028 Turkey Hollow TRL, Austin TX 78717 at an adjusted $559,416, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in AVERY RANCH FAR WEST. 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