1601 Jersey DR, Austin TX 78758

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $391,823. I'd recommend coming to market at $235,000 to $245,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in QUAIL HOLLOW, this price positions the property as the most expensive of 5 comparable homes on the market. The 167 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.20 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in QUAIL HOLLOW; a balanced market based on recent absorption. The trend in QUAIL HOLLOW shows prices have fallen 3.4% in the past 6 months. 11403 Guernsey DR, Austin TX 78758 nearby adjusts to $448,308; a strong comparable. Based on 7 relevant data points in QUAIL HOLLOW, 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