2713 Cottonwood Shores DR, Austin TX 78725

The market data from 7 similar recent sales in KNOLLWOOD points to a value of approximately $488,920. To sell within a reasonable timeframe at fair market value, the $511,000 to $518,000 range is where I'd position this. With 3 comparable homes on the market in KNOLLWOOD, this price positions the property as the most affordable of 3 comparable homes on the market. There are currently 3 similar homes on the market in KNOLLWOOD, ranging from $499,000 to $525,000. In KNOLLWOOD, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 7000 Bay City BND, Austin TX 78725, adjusting to $496,116; a strong comparable. 7 comparable transactions in KNOLLWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group