12705 Machete TRL, Austin TX 78729

The estimated value of this property is $675,725, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $655,000 and $696,000. In the current TIMBERWOOD market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 855 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 2 of 4 comparable homes not offering one. With 1 similar homes currently listed in TIMBERWOOD (a balanced market), competition is a factor to consider. Recent trends in 78729 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 9105 Hazelhurst DR, Austin TX 78729, with an adjusted value of $534,356; with a smaller floor plan. With 4 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