13604 Caldwell DR # 5, Austin TX 78750

The estimated value of this property is $337,523, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $365,000 and $373,000. Against 3 similar active listings in COTTAGES/LAKE CRK CONDOS, this price point lands at the most affordable of 3 comparable homes on the market. Built in 2007, this home is 25 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in COTTAGES/LAKE CRK CONDOS; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 13604 Caldwell DR # 72, Austin TX 78750, with an adjusted value of $336,376; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group