12803 Michelangelo ST # 1102, Austin TX 78729

Reviewing the most recent comparable transactions, this home's market value falls around $366,038. For a well positioned listing in ARBORS TURTLE ROCK, I'd target the $380,000 to $419,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in ARBORS TURTLE ROCK. At 0.03 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in ARBORS TURTLE ROCK; a buyer's market based on recent absorption. Recent trends in 78729 show home values have risen 0.9% since 6 months ago. The most comparable recent sale is 12804 Leatherback LN, Austin TX 78729, with an adjusted value of $342,949; a strong comparable. The 7 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