12608 Pony LN, Austin TX 78727

The market data from 4 similar recent sales in SCOFIELD points to a value of approximately $657,269. To sell within a reasonable timeframe at fair market value, the $703,000 to $714,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in SCOFIELD. This home's larger footprint (482 sqft vs the comp average) plays a role in how the market prices it. The 1993 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in SCOFIELD have 3 comparable options right now, with asking prices between $575,000 and $1,400,000. In SCOFIELD, home values have fallen approximately 10% over the past 6 months. One of the strongest data points is 1427 Dapplegrey LN, Austin TX 78727, adjusting to $698,674; with a smaller floor plan. 4 comparable transactions in SCOFIELD 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