16216 Fincastle DR, Austin TX 78717

After reviewing 7 recent transactions in AVERY RANCH EAST, I estimate this property's value at $882,540. A competitive list price for this home right now would fall in the $908,000 to $917,000 range. Relative to what's currently available in AVERY RANCH EAST, this home would be the 4th most expensive of 7 comparable homes on the market. The 165 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.26 acres versus the area average of 0.21) contributes to the valuation. With 7 similar homes currently listed in AVERY RANCH EAST (a buyer's market), competition is a factor to consider. Prices in AVERY RANCH EAST have fallen 13.3% over the last 6 months. A similar home at 16525 Broadbay DR, Austin TX 78717 carries an adjusted comparable value of $849,044, providing a strong data point. With 7 comparable sales in AVERY RANCH EAST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group