Reviewing the most recent comparable transactions, this home's market value falls around $630,025. For a well positioned listing in STEINER RANCH, I'd target the $691,000 to $693,000 range. With 7 comparable homes on the market in STEINER RANCH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (150 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in STEINER RANCH have 7 comparable options right now, with asking prices between $624,900 and $799,000. Recent trends in STEINER RANCH show home values have risen 6.3% since 6 months ago. The most comparable recent sale is 12820 Rush Creek LN, Austin TX 78732, with an adjusted value of $698,015; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group