11816 Rain Forest CV, Austin TX 78759

The comparable sales data (7 recent transactions in RAINTREE ESTATES) supports an estimated value of $664,817. The data suggests a list price between $747,000 and $748,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in RAINTREE ESTATES's current inventory. Being 160 sqft larger than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in RAINTREE ESTATES (a balanced market), competition is a factor to consider. Prices in 78759 have risen 9.3% over the last 6 months. A similar home at 5831 Secrest DR, Austin TX 78759 carries an adjusted comparable value of $639,306, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in RAINTREE ESTATES. 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