12626 Pony LN, Austin TX 78727

The market data from 3 similar recent sales in SCOFIELD FARMS points to a value of approximately $670,438. To sell within a reasonable timeframe at fair market value, the $501,000 to $511,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SCOFIELD FARMS. Being 161 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 2 of 3 comparable sales didn't include one. With 7 similar homes currently listed in SCOFIELD FARMS (a balanced market), competition is a factor to consider. In SCOFIELD FARMS, home values have fallen approximately 13% over the past 6 months. One of the strongest data points is 13305 Kinder PASS, Austin TX 78727, adjusting to $606,001; with a larger floor plan and no pool. 3 comparable transactions in SCOFIELD FARMS 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