12732 Machete TRL, Austin TX 78729

The market data from 5 similar recent sales in TIMBERWOOD points to a value of approximately $538,489. To sell within a reasonable timeframe at fair market value, the $522,000 to $555,000 range is where I'd position this. In the current TIMBERWOOD market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 3 similar homes currently listed in TIMBERWOOD (a buyer's market), competition is a factor to consider. In 78729, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 8300 Alvin High LN, Austin TX 78729, adjusting to $448,406; a strong comparable. The 5 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