2313 Monarch DR, Austin TX 78748

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $708,471. I'd recommend coming to market at $397,000 to $407,000 to strike the right balance between value and market velocity. At this price, the property would be the 0th most expensive of 7 comparable homes on the market comparable homes currently on the market in CASTLEWOOD FOREST. At 189 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.38 acre lot (larger than the 0.34 acre average) is reflected in the estimate. 7 similar homes are currently available in CASTLEWOOD FOREST, creating a balanced market for this price range. The trend in CASTLEWOOD FOREST shows prices have risen 11.8% in the past 6 months. 2505 Comburg Castle WAY, Austin TX 78748 nearby adjusts to $608,355; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group