11909 Bay Heights WAY, Austin TX 78726

Reviewing the most recent comparable transactions, this home's market value falls around $524,541. For a well positioned listing in MONTEBELLO, I'd target the $419,000 to $429,000 range. With 7 comparable homes on the market in MONTEBELLO, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 2019 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. 7 similar homes are currently available in MONTEBELLO, creating a balanced market for this price range. Recent trends in 78726 show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 9550 Savannah Ridge DR # 37, Austin TX 78726, with an adjusted value of $625,789; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group