12002 W Cow PATH, Austin TX 78727

The market data from 4 similar recent sales in 78727 points to a value of approximately $611,345. To sell within a reasonable timeframe at fair market value, the $480,000 to $490,000 range is where I'd position this. With 7 comparable homes on the market in 78727, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.40 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78727, listed between $475,000 and $744,900. In 78727, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 4304 Welland CIR, Austin TX 78759, adjusting to $532,771; with a larger floor plan. The 4 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