1213 Red Oak Valley CT, Austin TX 78732

Reviewing the most recent comparable transactions, this home's market value falls around $629,841. For a well positioned listing in STEINER RANCH, I'd target the $639,000 to $655,000 range. With 7 comparable homes on the market in STEINER RANCH, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.26 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in STEINER RANCH; a buyer's market based on recent absorption. Recent trends in STEINER RANCH show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 2104 Westfalian TRL, Austin TX 78732, with an adjusted value of $582,906; with a smaller floor plan. The 7 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