2407 Shoalmont DR, Austin TX 78756

My analysis of 7 comparable properties puts this home's estimated value at $1,209,945. Based on how the local market is moving, a list price between $1,206,000 and $1,224,000 would position this home well. This home's position in the current SHOALMONT market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. This home's larger footprint (239 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.28 acres versus the area average of 0.25) contributes to the valuation. With 3 similar homes currently listed in SHOALMONT (a seller's market), competition is a factor to consider. The 6 month price trend in SHOALMONT: fallen 6.9%. The best comp here is 2621 W 49th ST, Austin TX 78731 at an adjusted value of $1,116,346, with a smaller floor plan. The comp data here (7 sales in SHOALMONT) 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