2508 Comburg Castle WAY, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $710,595. For a well positioned listing in CASTLEWOOD FOREST, I'd target the $371,000 to $381,000 range. In the current CASTLEWOOD FOREST market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 206 sqft smaller than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. Current inventory shows 7 comparable homes in CASTLEWOOD FOREST; a balanced market based on recent absorption. Recent trends in CASTLEWOOD FOREST show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 2313 Monarch DR, Austin TX 78748, with an adjusted value of $782,511; with a larger floor plan and no pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group