170 Mountain Laurel WAY, Austin TX 78737

The market data from 4 similar recent sales in 78737 points to a value of approximately $669,091. To sell within a reasonable timeframe at fair market value, the $668,000 to $684,000 range is where I'd position this. With 2 comparable homes on the market in 78737, this price positions the property as the most expensive of 2 comparable homes on the market. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in 78737, listed between $679,900 and $760,000. In 78737, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 140 Stratton CT, Austin TX 78737, adjusting to $683,788; with a smaller floor plan. 4 comparable transactions in 78737 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group