12700 Cape May LN, Austin TX 78750

5 recent sales within a mile of this address suggest a current value of $365,742. My recommended list price range for this property would be $355,000 to $377,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in PECAN PARK GARDEN ESTATES. This home's smaller footprint (229 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 9 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in PECAN PARK GARDEN ESTATES (a balanced market), competition is a factor to consider. In 78750, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 10905 Beaman CT, Austin TX 78750, adjusting to $362,411; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group