12201 Bell Ave, Austin TX 78727

Taking into account 3 nearby comparable sales, this property's estimated value comes to $682,745. If we were to list this property today, I'd recommend a list price in the $470,000 to $480,000 range. This home's position in the current SUMMIT OAKS market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 231 sqft smaller than the typical comp, the size difference factors into the valuation. A pool adds market appeal. Only 3 minus 3 of the comps had one. With 7 similar homes currently listed in SUMMIT OAKS (a balanced market), competition is a factor to consider. The 6 month price trend in 78727: fallen 8.4%. The best comp here is 11801 Bell Ave, Austin TX 78759 at an adjusted value of $567,249, with a larger floor plan and no pool. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus