16012 Foxtrot LN, Austin TX 78738

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $583,974. I'd recommend coming to market at $474,000 to $484,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in TRAVIS SOUTHWEST. Built in 2001, this home is 15 years older than the average comp, which is reflected in the adjustments. The 2.00 acre lot (larger than the 0.37 acre average) is reflected in the estimate. With 7 similar homes currently listed in TRAVIS SOUTHWEST (a buyer's market), competition is a factor to consider. The trend in 78738 shows prices have fallen 5% in the past 6 months. 16101 Shady Nest CT # 41, Austin TX 78738 nearby adjusts to $689,023; with a larger floor plan. Based on 7 relevant data points in TRAVIS SOUTHWEST, 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