12520 Reserve Creek DR, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $507,660. I'd recommend coming to market at $435,000 to $445,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in GABARDINE CONDO, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. Being 292 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2019, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in GABARDINE CONDO; a buyer's market based on recent absorption. The trend in GABARDINE CONDO shows prices have risen 10.8% in the past 6 months. 2508 Hopsack Mills RD, Austin TX 78748 nearby adjusts to $502,804; a strong comparable. Based on 7 relevant data points in GABARDINE CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX