1427 Redbud TRL, Austin TX 78746

The market data from 7 similar recent sales in CONNELLY R points to a value of approximately $1,315,006. To sell within a reasonable timeframe at fair market value, the $585,000 to $595,000 range is where I'd position this. With 7 comparable homes on the market in CONNELLY R, this price positions the property as the most expensive of 7 comparable homes on the market. At 529 sqft smaller than the typical comp, the size difference factors into the valuation. The 1962 construction puts this home 8 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in CONNELLY R, creating a buyer's market for this price range. In 78746, home values have risen approximately 2.2% over the past 6 months. One of the strongest data points is 5007 Rollingwood DR, Rollingwood TX 78746, adjusting to $1,464,714; with a larger floor plan. The 7 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