12805 Michelangelo ST, Austin TX 78729

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $329,223. I'd recommend coming to market at $323,000 to $336,000 to strike the right balance between value and market velocity. Against 3 similar active listings in ARBORS TURTLE ROCK, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. Built in 2019, this home is 6 years newer than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in ARBORS TURTLE ROCK, creating a buyer's market for this price range. The trend in 78729 shows prices have fallen 2.3% in the past 6 months. 8525 White Ibis DR # 341, Austin TX 78729 nearby adjusts to $346,945; a strong comparable. Based on 4 relevant data points in ARBORS TURTLE ROCK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX