2901 Noack DR, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $490,880. For a well positioned listing in CARDINAL HILLS ESTATES, I'd target the $554,000 to $655,000 range. Against 4 similar active listings in CARDINAL HILLS ESTATES, this price point lands at the most affordable of 4 comparable homes on the market. At 273 sqft smaller than the typical comp, the size difference factors into the valuation. The 2004 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in CARDINAL HILLS ESTATES; a buyer's market based on recent absorption. Recent trends in CARDINAL HILLS ESTATES show home values have fallen 5.6% since 6 months ago. The most comparable recent sale is 15405 Sutton DR, Austin TX 78734, with an adjusted value of $325,026; with a smaller floor plan. The 7 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