12001 Nene DR, Austin TX 78750

My analysis of 5 comparable properties puts this home's estimated value at $314,898. Based on how the local market is moving, a list price between $305,000 and $324,000 would position this home well. This home's position in the current WOODLAND MILL market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller lot (0.10 acres versus the area average of 0.13) contributes to the valuation. With 3 similar homes currently listed in WOODLAND MILL (a balanced market), competition is a factor to consider. The 6 month price trend in WOODLAND MILL: fallen 16.7%. The best comp here is 2007 Verbena DR # 1336A, Austin TX 78750 at an adjusted value of $284,234, a strong comparable. With 5 comparable sales in WOODLAND MILL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group