12505 Morelia WAY, Austin TX 78748

My analysis of 5 comparable properties puts this home's estimated value at $565,720. Based on how the local market is moving, a list price between $660,000 and $756,000 would position this home well. This home's position in the current ENCLAVE ESTANCIA market: the most affordable of 5 comparable homes on the market among comparable properties. The larger floor plan (772 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.29 acres versus the area average of 0.26) contributes to the valuation. Right now, 5 similar properties are competing for buyers in ENCLAVE ESTANCIA, listed between $569,000 and $1,100,000. The 6 month price trend in ENCLAVE ESTANCIA: fallen 2.1%. The best comp here is 12912 Windy Gap DR, Manchaca TX 78652 at an adjusted value of $644,516, a strong comparable. The comp data here (5 sales in ENCLAVE ESTANCIA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus