12717 Monterey, Austin TX 78732

My analysis of 7 comparable properties puts this home's estimated value at $577,451. Based on how the local market is moving, a list price between $637,000 and $662,000 would position this home well. Relative to what's currently available in RIVER DANCE, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (970 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. 3 similar homes are currently available in RIVER DANCE, creating a seller's market for this price range. The 6 month price trend in RIVER DANCE: risen 15%. The best comp here is 320 El Socorro, Austin TX 78732 at an adjusted value of $547,805, with a larger floor plan and a pool. With 7 comparable sales in RIVER DANCE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group