2403 Sonora CT, Austin TX 78756

Based on 7 closed sales in SHOALMONT, the data points to a value around $741,762 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $550,000 to $560,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in SHOALMONT's current inventory. At 385 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.28 acres versus 0.22 for the typical comp. The active market in SHOALMONT includes 4 comparable homes priced from $579,000 to $899,900. Market data shows SHOALMONT prices risen 22% over the last half year. The closest comparable sale, 5408 Montview ST, Austin TX 78756 at an adjusted $660,407, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SHOALMONT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group