12307 Simmental DR, Austin TX 78732

The market data from 3 similar recent sales in STEINER RANCH points to a value of approximately $741,315. To sell within a reasonable timeframe at fair market value, the $752,000 to $765,000 range is where I'd position this. Against 7 similar active listings in STEINER RANCH, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2020 construction puts this home 9 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in STEINER RANCH (a buyer's market), competition is a factor to consider. In STEINER RANCH, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 5207 Watusi BND # 31, Austin TX 78732, adjusting to $799,827; a strong comparable. 3 comparable transactions in STEINER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group