The estimated value of this property is $726,324, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $614,000 and $624,000. With 3 comparable homes on the market in HIGHLAND HORIZON, this price positions the property as the most expensive of 3 comparable homes on the market. At 158 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in HIGHLAND HORIZON have 3 comparable options right now, with asking prices between $539,900 and $815,000. Recent trends in HIGHLAND HORIZON show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 517 Carina DR, Round Rock TX 78681, with an adjusted value of $848,150; with a larger floor plan. Based on 3 relevant data points in HIGHLAND HORIZON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
