13515 Caldwell DR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $489,699. Based on how the local market is moving, a list price between $332,000 and $342,000 would position this home well. Relative to what's currently available in ACRES WEST, this home would be the 2nd most expensive of 7 comparable homes on the market. At 14 years older than typical comps, the 1971 build date influences the valuation. The larger lot (0.90 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 7 comparable homes in ACRES WEST; a balanced market based on recent absorption. The 6 month price trend in 78750: fallen 20.7%. The best comp here is 13516 Caldwell DR, Austin TX 78750 at an adjusted value of $537,142, with a larger floor plan. With 7 comparable sales in ACRES WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group