2109 Monarch DR, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $758,970. Based on how the local market is moving, a list price between $582,000 and $592,000 would position this home well. Relative to what's currently available in CASTLEWOOD FOREST, this home would be the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 6 of the 7 comps lacked one. Current inventory shows 4 comparable homes in CASTLEWOOD FOREST; a buyer's market based on recent absorption. The 6 month price trend in CASTLEWOOD FOREST: fallen 11.1%. The best comp here is 2505 Comburg Castle WAY, Austin TX 78748 at an adjusted value of $636,416, with no pool. The comp data here (7 sales in CASTLEWOOD FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus