12800 Venice LN, Austin TX 78750

The comparable sales data (7 recent transactions in PECAN PARK GARDEN ESTATES) supports an estimated value of $413,114. The data suggests a list price between $421,000 and $433,000 would attract qualified buyers without leaving money on the table. This home's position in the current PECAN PARK GARDEN ESTATES market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2007 (20 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.19 for the typical comp. With 7 similar homes currently listed in PECAN PARK GARDEN ESTATES (a balanced market), competition is a factor to consider. Prices in 78750 have fallen 15.9% over the last 6 months. A similar home at 10905 Beaman CT, Austin TX 78750 carries an adjusted comparable value of $417,076, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PECAN PARK GARDEN ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group