1502 Shannon Oaks TRL, Austin TX 78746

The market data from 7 similar recent sales in WOODS WESTLAKE points to a value of approximately $1,198,933. To sell within a reasonable timeframe at fair market value, the $1,456,000 to $1,489,000 range is where I'd position this. In the current WOODS WESTLAKE market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. This home's smaller footprint (112 sqft vs the comp average) plays a role in how the market prices it. At 0.28 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. With 6 similar homes currently listed in WOODS WESTLAKE (a buyer's market), competition is a factor to consider. In 78746, home values have risen approximately 5.9% over the past 6 months. One of the strongest data points is 1302 Shannon Oaks TRL, Austin TX 78746, adjusting to $1,129,534; with a smaller 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