124 Ferdinand CT, Austin TX 78737

The estimated value of this property is $1,070,839, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $690,000 and $700,000. In the current KEY RANCH market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 155 sqft smaller than the typical comp, the size difference factors into the valuation. The 1.50 acre lot (smaller than the 1.59 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in KEY RANCH; a balanced market based on recent absorption. Recent trends in 78737 show home values have risen 3.8% since 6 months ago. The most comparable recent sale is 156 Sea Hero PL, Austin TX 78737, with an adjusted value of $920,355; with a larger floor plan. Based on 5 relevant data points in KEY 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