12507 Shasta LN, Austin TX 78729

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $435,693. I'd recommend coming to market at $317,000 to $327,000 to strike the right balance between value and market velocity. Against 7 similar active listings in VILLAGE OAKS, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1974, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in VILLAGE OAKS; based on recent absorption. 12411 Sparkling Creek CIR, Austin TX 78729 nearby adjusts to $460,365; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group