117 Southern Cross DR, Austin TX 78717

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $494,055. I'd recommend coming to market at $416,000 to $426,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in HIGHLAND HORIZON. At 529 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2011, this home is 8 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in HIGHLAND HORIZON, listed between $400,000 and $609,990. The trend in 78717 shows prices have fallen 1.4% in the past 6 months. 1309 Sarah Christine LN, Austin TX 78717 nearby adjusts to $512,611; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group