12602 Velarde CV, Austin TX 78729

After reviewing 7 recent transactions in LOS INDIOS, I estimate this property's value at $618,334. A competitive list price for this home right now would fall in the $613,000 to $614,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LOS INDIOS's current inventory. This home's larger footprint (275 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 3 comparable homes in LOS INDIOS; a balanced market based on recent absorption. Prices in LOS INDIOS have fallen 15.5% over the last 6 months. A similar home at 12305 Beartrap LN, Austin TX 78729 carries an adjusted comparable value of $614,052, providing a strong data point. With 7 comparable sales in LOS INDIOS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group