11904 Deering PL, Austin TX 78726

The market data from 7 similar recent sales in MONTEBELLO points to a value of approximately $702,101. To sell within a reasonable timeframe at fair market value, the $472,000 to $482,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in MONTEBELLO. The 2019 construction puts this home 12 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.47 acre comp average, which factors into pricing. With 7 similar homes currently listed in MONTEBELLO (a buyer's market), competition is a factor to consider. In 78726, home values have risen approximately 5% over the past 6 months. One of the strongest data points is 9550 Savannah Ridge DR # 37, Austin TX 78726, adjusting to $638,051; with a smaller floor plan. 7 comparable transactions in MONTEBELLO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group