12505 Pranav LN, Austin TX 78750

The market data from 3 similar recent sales in PECAN PARK GARDEN ESTATES points to a value of approximately $366,312. To sell within a reasonable timeframe at fair market value, the $384,000 to $390,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in PECAN PARK GARDEN ESTATES. The larger floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in PECAN PARK GARDEN ESTATES; a balanced market based on recent absorption. In 78750, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 10905 Beaman CT, Austin TX 78750, adjusting to $334,705; a strong comparable. 3 comparable transactions in PECAN PARK GARDEN 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