11900 Hamrich CT, Austin TX 78759

Based on 7 closed sales in SUMMIT OAKS, the data points to a value around $772,715 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $939,000 to $978,000. This home's position in the current SUMMIT OAKS market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's larger footprint (162 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.76 acres versus 0.39 for the typical comp. The active market in SUMMIT OAKS includes 4 comparable homes priced from $775,000 to $1,100,000. Market data shows 78759 prices risen 6.9% over the last half year. The closest comparable sale, 5701 Sierra Madre, Austin TX 78759 at an adjusted $649,466, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SUMMIT OAKS. 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