18017 Heard LOOP, Austin TX 78738

After reviewing 3 recent transactions in SWEETWATER, I estimate this property's value at $1,276,610. A competitive list price for this home right now would fall in the $1,124,000 to $1,134,000 range. This would position the home competitively among 3 active listings in SWEETWATER. The smaller floor plan (331 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.51 acres versus the area average of 0.34) contributes to the valuation. With 3 similar homes currently listed in SWEETWATER (a balanced market), competition is a factor to consider. Prices in SWEETWATER have fallen 4.6% over the last 6 months. A similar home at 6605 Davenport Divide RD, Austin TX 78738 carries an adjusted comparable value of $1,199,815, providing a strong data point. With 3 comparable sales in SWEETWATER, 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