1716 Corto LN, Austin TX 78733

The market data from 7 similar recent sales in 78733 points to a value of approximately $1,653,200. To sell within a reasonable timeframe at fair market value, the $1,972,000 to $1,989,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in 78733. The 1,103 sqft size difference versus comparable sales is reflected in the adjusted values. The 2012 construction puts this home 14 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in 78733, creating a buyer's market for this price range. In 78733, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 1501 Canyon Edge DR, Austin TX 78733, adjusting to $2,204,886; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group