1411 Shawnee CIR, Austin TX 78734

After reviewing 7 recent transactions in APACHE SHORES, I estimate this property's value at $394,333. A competitive list price for this home right now would fall in the $424,000 to $425,000 range. This home's position in the current APACHE SHORES market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 21 years older than typical comps, the 1981 build date influences the valuation. The smaller lot (0.25 acres versus the area average of 0.36) contributes to the valuation. 3 similar homes are currently available in APACHE SHORES, creating a buyer's market for this price range. Prices in APACHE SHORES have fallen 11.6% over the last 6 months. A similar home at 2001 Rain Water DR, Austin TX 78734 carries an adjusted comparable value of $367,793, providing a strong data point. With 7 comparable sales in APACHE SHORES, 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