12102 Conrad RD, Austin TX 78727

Based on 7 closed sales in SUMMIT OAKS, the data points to a value around $713,310 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $890,000 to $958,000. Relative to what's currently available in SUMMIT OAKS, this home would be no active comparable homes on the market. At 2,593 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1963 (9 years older than comps) is factored into the value estimate. Market data shows 78727 prices fallen 8% over the last half year. The closest comparable sale, 5701 Sierra Madre, Austin TX 78759 at an adjusted $639,574, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SUMMIT OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group