12907 Medina River WAY, Austin TX 78732

Reviewing the most recent comparable transactions, this home's market value falls around $698,603. For a well positioned listing in STEINER RANCH, I'd target the $729,000 to $730,000 range. With 6 comparable homes on the market in STEINER RANCH, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.15 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. The active market in STEINER RANCH includes 6 comparable homes priced from $599,000 to $850,000. Recent trends in STEINER RANCH show home values have risen 3.3% since 6 months ago. The most comparable recent sale is 2921 Persimmon Valley TRL, Austin TX 78732, with an adjusted value of $683,154; with a smaller floor plan. 7 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