13604 Caldwell DR # 41, Austin TX 78750

After reviewing 7 recent transactions in COTTAGES LAKE CREEK CONDO, I estimate this property's value at $341,291. A competitive list price for this home right now would fall in the $232,000 to $242,000 range. This home's position in the current COTTAGES LAKE CREEK CONDO market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 8 years newer than typical comps, the 2007 build date influences the valuation. The smaller lot (0.11 acres versus the area average of 0.15) contributes to the valuation. The active market in COTTAGES LAKE CREEK CONDO includes 7 comparable homes priced from $234,000 to $399,900. Prices in 78750 have fallen 16.2% over the last 6 months. A similar home at 13604 Caldwell DR # 25, Austin TX 78750 carries an adjusted comparable value of $352,329, providing a strong data point. With 7 comparable sales in COTTAGES LAKE CREEK CONDO, 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