190 Cistern WAY, Austin TX 78737

The estimated value of this property is $760,975, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $558,000 and $568,000. Against 4 similar active listings in PARTEN, this price point lands at the most expensive of 4 comparable homes on the market. Being 599 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2020, this home is 5 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in PARTEN (a seller's market), competition is a factor to consider. Recent trends in PARTEN show home values have risen 0.5% since 6 months ago. The most comparable recent sale is 134 Leaning Rock RDG, Austin TX 78737, with an adjusted value of $688,764; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group