12704 Cayman LN # 307, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $386,895. For a well positioned listing in PECAN PARK GARDEN ESTATES, I'd target the $400,000 to $440,000 range. In the current PECAN PARK GARDEN ESTATES market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 119 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in PECAN PARK GARDEN ESTATES, ranging from $399,999 to $428,000. Recent trends in 78750 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 12701 Venice LN # 230, Austin TX 78750, with an adjusted value of $369,975; with a smaller floor plan. 3 comparable transactions in PECAN PARK GARDEN ESTATES 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