1501 Canoe Brook DR, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,970,177. I'd recommend coming to market at $3,142,000 to $3,447,000 to strike the right balance between value and market velocity. Against 7 similar active listings in HILLS LOST CREEK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (398 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Current inventory shows 7 comparable homes in HILLS LOST CREEK; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 26.5% in the past 6 months. 6511 Torrey Pines CV, Austin TX 78746 nearby adjusts to $2,131,569; with a smaller floor plan and no pool. With 3 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