1621 Cabinwood CV, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,586,435. I'd recommend coming to market at $1,555,000 to $1,618,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in WOODS WESTLAKE HEIGHTS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 256 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1994, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in WOODS WESTLAKE HEIGHTS; a buyer's market based on recent absorption. The trend in 78746 shows prices have fallen 4.3% in the past 6 months. 1613 CHURCHWOOD CV, Austin TX 78746 nearby adjusts to $1,639,565; a strong comparable. Based on 4 relevant data points in WOODS WESTLAKE HEIGHTS, 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