12817 Majestic Oaks DR, Austin TX 78732

The market data from 7 similar recent sales in STEINER RANCH points to a value of approximately $651,589. To sell within a reasonable timeframe at fair market value, the $706,000 to $768,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in STEINER RANCH. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in STEINER RANCH; a buyer's market based on recent absorption. In STEINER RANCH, home values have risen approximately 1.8% over the past 6 months. One of the strongest data points is 3438 John Simpson TRL, Austin TX 78732, adjusting to $671,529; with a larger floor plan. 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