12241 Abbey Glen LN, Austin TX 78753

The estimated value of this property is $397,908, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $413,000 and $417,000. With 3 comparable homes on the market in VICTORIA GLEN, this price positions the property as the most expensive of 3 comparable homes on the market. Being 109 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2002, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in VICTORIA GLEN; a buyer's market based on recent absorption. Recent trends in 78753 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 12303 Shropshire BLVD, Austin TX 78753, with an adjusted value of $309,680; a strong comparable. Based on 6 relevant data points in VICTORIA GLEN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX