12121 Labrador Bay CT, Austin TX 78732

Based on 7 closed sales in STEINER RANCH, the data points to a value around $940,285 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $805,000 to $815,000. This home's position in the current STEINER RANCH market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 133 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in STEINER RANCH; a buyer's market based on recent absorption. Market data shows STEINER RANCH prices risen 1.8% over the last half year. The closest comparable sale, 1508 Australis CV, Austin TX 78732 at an adjusted $851,500, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in STEINER RANCH. 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