11800 Mira Vista WAY, Austin TX 78726

After reviewing 6 recent transactions in VERSANTE CANYON, I estimate this property's value at $464,852. A competitive list price for this home right now would fall in the $656,000 to $685,000 range. Relative to what's currently available in VERSANTE CANYON, this home would be the 2nd least expensive of 5 comparable homes on the market. The larger floor plan (215 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 5 comparable homes in VERSANTE CANYON; a buyer's market based on recent absorption. Prices in 78726 have fallen 5.6% over the last 6 months. A similar home at 9550 Savannah Ridge DR # 37, Austin TX 78726 carries an adjusted comparable value of $571,670, providing a strong data point. The comp data here (6 sales in VERSANTE CANYON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus