2205 Farnswood CIR, Austin TX 78704

After reviewing 7 recent transactions in HORSESHOE BEND, I estimate this property's value at $1,264,706. A competitive list price for this home right now would fall in the $1,498,000 to $1,523,000 range. Relative to what's currently available in HORSESHOE BEND, this home would be the 2nd most expensive of 3 comparable homes on the market. Having a pool is a plus; 5 of the 7 comps lacked one. Current inventory shows 3 comparable homes in HORSESHOE BEND; a balanced market based on recent absorption. Prices in HORSESHOE BEND have fallen 43.2% over the last 6 months. A similar home at 2602 Bend CV, Austin TX 78704 carries an adjusted comparable value of $1,611,587, providing a strong data point. With 7 comparable sales in HORSESHOE BEND, 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