12809 Cape May LN, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $472,778. Based on how the local market is moving, a list price between $401,000 and $411,000 would position this home well. Relative to what's currently available in PECAN PARK GARDEN ESTATES, this home would be the 3rd most expensive of 7 comparable homes on the market. Having a pool is a plus; 5 of the 7 comps lacked one. At 11 years newer than typical comps, the 2008 build date influences the valuation. Current inventory shows 7 comparable homes in PECAN PARK GARDEN ESTATES; a balanced market based on recent absorption. The 6 month price trend in 78750: fallen 8.2%. The best comp here is 12701 Venice LN # 230, Austin TX 78750 at an adjusted value of $419,974, with a smaller floor plan and no pool. The comp data here (7 sales in PECAN PARK GARDEN ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus