12913 Bismark DR, Austin TX 78748

The market data from 4 similar recent sales in BRIDGES OF BEAR CREEK SE points to a value of approximately $828,340. To sell within a reasonable timeframe at fair market value, the $705,000 to $715,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in BRIDGES OF BEAR CREEK SE. At 317 sqft larger than the typical comp, the size difference factors into the valuation. The 2013 construction puts this home 7 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in BRIDGES OF BEAR CREEK SE (a balanced market), competition is a factor to consider. In 78748, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 2812 Alsatia DR, Austin TX 78748, adjusting to $735,368; with a smaller floor plan. The 4 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