2309 Equestrian, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $461,000. For a well positioned listing in SCOFIELD FARMS, I'd target the $479,000 to $516,000 range. In the current SCOFIELD FARMS market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (174 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 4 comparable homes in SCOFIELD FARMS; a balanced market based on recent absorption. Recent trends in SCOFIELD FARMS show home values have fallen 13% since 6 months ago. The most comparable recent sale is 13553 Anarosa LOOP, Austin TX 78727, with an adjusted value of $453,635; 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