12400 Simmental DR, Austin TX 78732

Based on 4 closed sales in STEINER RANCH, the data points to a value around $671,622 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $699,000 to $719,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in STEINER RANCH's current inventory. At 128 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2020 (10 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in STEINER RANCH; a buyer's market based on recent absorption. Market data shows STEINER RANCH prices fallen 1% over the last half year. The closest comparable sale, 2829 Centennial Olympic PARK, Austin TX 78732 at an adjusted $611,813, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in STEINER RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group