228 Southern Cross DR, Austin TX 78717

The market data from 7 similar recent sales in HIGHLAND HORIZON points to a value of approximately $695,587. To sell within a reasonable timeframe at fair market value, the $802,000 to $806,000 range is where I'd position this. In the current HIGHLAND HORIZON market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 312 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in HIGHLAND HORIZON; a buyer's market based on recent absorption. In HIGHLAND HORIZON, home values have fallen approximately 41.7% over the past 6 months. One of the strongest data points is 212 Carrack DR, Round Rock TX 78681, adjusting to $686,835; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group