3008 Larson CV, Austin TX 78748

The estimated value of this property is $583,066, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $510,000 and $520,000. In the current TANGLEWOOD FOREST market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The larger floor plan (316 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1993, this home is 7 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in TANGLEWOOD FOREST (a balanced market), competition is a factor to consider. Recent trends in TANGLEWOOD FOREST show home values have fallen 16.4% since 6 months ago. The most comparable recent sale is 9707 Nightjar DR, Austin TX 78748, with an adjusted value of $490,536; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group