12721 Machete TRL, Austin TX 78729

The market data from 6 similar recent sales in TIMBERWOOD points to a value of approximately $646,435. To sell within a reasonable timeframe at fair market value, the $566,000 to $576,000 range is where I'd position this. With 7 comparable homes on the market in TIMBERWOOD, this price positions the property as the most expensive of 7 comparable homes on the market. This home's larger footprint (552 sqft vs the comp average) plays a role in how the market prices it. The 1996 construction puts this home 8 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in TIMBERWOOD, creating a balanced market for this price range. In 78729, home values have risen approximately 2.9% over the past 6 months. One of the strongest data points is 13309 Ivywood CV, Austin TX 78729, adjusting to $826,005; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group