Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,162,555. I'd recommend coming to market at $1,240,000 to $1,254,000 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 STEINER RANCH. Being 168 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 7 similar properties are competing for buyers in STEINER RANCH, listed between $1,025,000 and $1,295,000. The trend in STEINER RANCH shows prices have risen 2.6% in the past 6 months. 224 Horseback HOLW, Austin TX 78732 nearby adjusts to $1,137,545; a strong comparable. With 7 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