12401 RED MESA HOLW, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $814,516. For a well positioned listing in SHADY HOLLOW ESTATES, I'd target the $826,000 to $874,000 range. With 3 comparable homes on the market in SHADY HOLLOW ESTATES, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 1.00 acres, the lot is larger than the 0.90 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SHADY HOLLOW ESTATES; a balanced market based on recent absorption. Recent trends in 78739 show home values have risen 6.6% since 6 months ago. The most comparable recent sale is 3512 Green Emerald TER, Austin TX 78739, with an adjusted value of $759,447; a strong comparable. 7 comparable transactions in SHADY HOLLOW ESTATES 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