2320 Shoalmont DR, Austin TX 78756

My analysis of 7 comparable properties puts this home's estimated value at $1,204,891. Based on how the local market is moving, a list price between $1,321,000 and $1,391,000 would position this home well. This home's position in the current 78756 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 31 years newer than typical comps, the 2006 build date influences the valuation. The smaller lot (0.17 acres versus the area average of 0.24) contributes to the valuation. There are currently 3 similar homes on the market in 78756, ranging from $1,250,000 to $1,665,000. The 6 month price trend in 78756: fallen 12%. The best comp here is 5518 Shoalwood Ave, Austin TX 78756 at an adjusted value of $1,547,789, with a larger floor plan. The comp data here (7 sales in 78756) 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