12204 FM 1826, Austin TX 78737

Reviewing the most recent comparable transactions, this home's market value falls around $725,371. For a well positioned listing in APPALOOSA RUN, I'd target the $704,000 to $747,000 range. Against 1 similar active listings in APPALOOSA RUN, this price point lands at below the only comparable home currently on the market. The 1978 construction puts this home 9 years older than the comp average, a factor in the pricing. At 6.13 acres, the lot is larger than the 1.55 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in APPALOOSA RUN, ranging from $1,100,000 to $1,100,000. Recent trends in 78737 show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 10506 Spring Valley RD, Austin TX 78737, with an adjusted value of $830,464; a strong comparable. 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