12907 Medina River WAY, Austin TX 78732

Reviewing the most recent comparable transactions, this home's market value falls around $766,746. For a well positioned listing in STEINER RANCH, I'd target the $743,000 to $791,000 range. With 5 comparable homes on the market in STEINER RANCH, this price positions the property as the most expensive of 5 comparable homes on the market. The larger floor plan (151 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2004 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in STEINER RANCH includes 5 comparable homes priced from $649,500 to $850,000. Recent trends in STEINER RANCH show home values have risen 7% since 6 months ago. The most comparable recent sale is 2921 Persimmon Valley TRL, Austin TX 78732, with an adjusted value of $683,117; with a smaller floor plan. 4 comparable transactions in STEINER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group