12301 Red Mesa HOLW, Austin TX 78739

The estimated value of this property is $802,877, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $871,000 and $921,000. In the current SHADY HOLLOW ESTATES market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The pool is a standout feature, with 1 of 4 comparable homes not offering one. The 1.04 acre lot (larger than the 1.01 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in SHADY HOLLOW ESTATES, listed between $780,000 and $1,175,000. Recent trends in 78739 show home values have risen 8.2% since 6 months ago. The most comparable recent sale is 12304 Corner Brook PASS, Austin TX 78739, with an adjusted value of $758,049; with a smaller floor plan. Based on 4 relevant data points in SHADY HOLLOW ESTATES, 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