2405 Coral Ridge CIR, Austin TX 78747

Based on 4 closed sales in ONION CREEK, the data points to a value around $536,256 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $541,000 to $575,000. This home's position in the current ONION CREEK market: the most expensive of 3 comparable homes on the market among comparable properties. Being 229 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1975 (6 years older than comps) is factored into the value estimate. The active market in ONION CREEK includes 3 comparable homes priced from $499,988 to $549,900. Market data shows ONION CREEK prices fallen 18% over the last half year. The closest comparable sale, 10408 Pinehurst DR, Austin TX 78747 at an adjusted $541,370, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in ONION CREEK. 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