12127 Cottage Promenade CT, Austin TX 78753

My analysis of 7 comparable properties puts this home's estimated value at $310,253. Based on how the local market is moving, a list price between $345,000 and $349,000 would position this home well. This home's position in the current ENCLAVE WALNUT SPRINGS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 5 years newer than typical comps, the 2016 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.13) contributes to the valuation. Right now, 4 similar properties are competing for buyers in ENCLAVE WALNUT SPRINGS, listed between $275,000 and $375,000. The 6 month price trend in 78753: fallen 2.4%. The best comp here is 12109 Cottage Promenade CT, Austin TX 78753 at an adjusted value of $345,101, with a larger floor plan. With 7 comparable sales in ENCLAVE WALNUT SPRINGS, 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