The estimated value of this property is $643,090, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $655,000 and $713,000. With 4 comparable homes on the market in STEINER RANCH, this price positions the property as the most expensive of 4 comparable homes on the market. The larger floor plan (161 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 4 similar properties are competing for buyers in STEINER RANCH, listed between $532,000 and $815,000. Recent trends in STEINER RANCH show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 12701 Tierra Grande TRL, Austin TX 78732, with an adjusted value of $654,595; with a smaller floor plan. Based on 7 relevant data points in STEINER RANCH, 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