12620 Monte Castillo PKWY, Austin TX 78732

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,040,206. I'd recommend coming to market at $1,979,000 to $2,101,000 to strike the right balance between value and market velocity. 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 78732. This home's larger footprint (315 sqft vs the comp average) plays a role in how the market prices it. The 0.52 acre lot (larger than the 0.42 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78732 (a buyer's market), competition is a factor to consider. The trend in 78732 shows prices have risen 11.4% in the past 6 months. 6010 Adhara PASS, Austin TX 78730 nearby adjusts to $1,819,957; with a smaller floor plan. Based on 5 relevant data points in 78732, 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