12000 Charm CIR, Austin TX 78727

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $793,667. I'd recommend coming to market at $879,000 to $881,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CHAMPIONS FOREST, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 1993, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.14 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. With 7 similar homes currently listed in CHAMPIONS FOREST (a buyer's market), competition is a factor to consider. The trend in 78727 shows prices have fallen 4.7% in the past 6 months. 10914 Sierra Oaks, Austin TX 78759 nearby adjusts to $752,135; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group