15506 Checotah DR, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $595,228. I'd recommend coming to market at $508,000 to $518,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TRAVIS LANDING, this price point stands out as competitive. Built in 2001, this home is 10 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (larger than the 0.27 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in TRAVIS LANDING; a buyer's market based on recent absorption. The trend in TRAVIS LANDING shows prices have fallen 23.6% in the past 6 months. 5710 Longhorn LNDG, Austin TX 78734 nearby adjusts to $687,057; a strong comparable. Based on 6 relevant data points in TRAVIS LANDING, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX