12303 Bar X DR, Austin TX 78727

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $506,002. I'd recommend coming to market at $625,000 to $630,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in VALLEY OAKS. The 0.37 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in VALLEY OAKS; a balanced market based on recent absorption. The trend in 78727 shows prices have risen 1.2% in the past 6 months. 3808 NORTHFIELD RD, Austin TX 78727 nearby adjusts to $535,307; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group