The comparable sales data (7 recent transactions in APACHE SHORES) supports an estimated value of $517,781. The data suggests a list price between $547,000 and $568,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in APACHE SHORES, this home would be the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (110 sqft vs the comp average) plays a role in how the market prices it. Buyers in APACHE SHORES have 4 comparable options right now, with asking prices between $449,900 and $700,000. Prices in APACHE SHORES have fallen 14.1% over the last 6 months. A similar home at 2214 Yellow Bird TRL, Austin TX 78734 carries an adjusted comparable value of $461,424, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in APACHE SHORES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group