2403 Monarch DR, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $542,763. I'd recommend coming to market at $448,000 to $458,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in TANGLEWOOD FOREST. Being 141 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.26 acre lot (larger than the 0.16 acre average) is reflected in the estimate. The active market in TANGLEWOOD FOREST includes 3 comparable homes priced from $430,000 to $545,000. The trend in TANGLEWOOD FOREST shows prices have fallen 16.4% in the past 6 months. 2211 Tanglevine DR, Austin TX 78748 nearby adjusts to $435,812; 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