12801 Monte Castillo PKWY, Austin TX 78732

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $971,387. I'd recommend coming to market at $802,000 to $812,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in COMANCHE CANYON RANCH AREA, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 2014, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.39 acre lot (larger than the 0.32 acre average) is reflected in the estimate. 4 similar homes are currently available in COMANCHE CANYON RANCH AREA, creating a balanced market for this price range. The trend in 78732 shows prices have risen 12.1% in the past 6 months. 3713 Soledad CT, Austin TX 78732 nearby adjusts to $996,447; a strong comparable. With 7 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