The estimated value of this property is $1,743,619, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $943,000 and $953,000. In the current SHOALCREST OAKS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1999, this home is 12 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in SHOALCREST OAKS, listed between $925,000 and $2,130,000. Recent trends in 78756 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 1600 W 39th 1/2 ST, Austin TX 78756, with an adjusted value of $1,452,706; with a larger floor plan. With 7 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