16201 Castletroy DR, Austin TX 78717

Based on 6 closed sales in 78717, the data points to a value around $479,434 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $490,000 to $514,000. This home's position in the current 78717 market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. This home's smaller footprint (191 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.21 acres versus 0.17 for the typical comp. Right now, 6 similar properties are competing for buyers in 78717, listed between $435,000 and $609,000. Market data shows 78717 prices fallen 1.7% over the last half year. The closest comparable sale, 9405 Muskberry CV, Austin TX 78717 at an adjusted $569,412, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 78717. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group