12108 Cottage Promenade CT, Austin TX 78753

The estimated value of this property is $431,004, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $463,000 and $474,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in ENCLAVE OF THE SPRINGS. The larger floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.09 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in ENCLAVE OF THE SPRINGS, ranging from $360,000 to $575,000. Recent trends in 78753 show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 1605 Verdana DR, Austin TX 78753, with an adjusted value of $395,258; with a larger floor plan. Based on 3 relevant data points in ENCLAVE OF THE SPRINGS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX