12404 Simmental DR, Austin TX 78732

Reviewing the most recent comparable transactions, this home's market value falls around $627,773. For a well positioned listing in STEINER RANCH, I'd target the $529,000 to $539,000 range. With 5 comparable homes on the market in STEINER RANCH, this price positions the property as the most expensive of 5 comparable homes on the market. The smaller floor plan (130 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2020 construction puts this home 17 years newer than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in STEINER RANCH, ranging from $529,000 to $639,800. Recent trends in STEINER RANCH show home values have fallen 1% since 6 months ago. The most comparable recent sale is 11716 Shadestone TER, Austin TX 78732, with an adjusted value of $709,518; a strong comparable. 7 comparable transactions in STEINER RANCH 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