13804 Cibolo Trace, Austin TX 78717

The market data from 3 similar recent sales in PRESIDIO CONDOS points to a value of approximately $514,021. To sell within a reasonable timeframe at fair market value, the $578,000 to $581,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in PRESIDIO CONDOS. The larger floor plan (275 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.05 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. 7 similar homes are currently available in PRESIDIO CONDOS, creating a buyer's market for this price range. In 78717, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 10204 Jacksboro TRL, Austin TX 78717, adjusting to $488,477; with a smaller floor plan. The 3 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