306 E Garrett RUN, Austin TX 78753

After reviewing 6 recent transactions in WESTERN OF QUAIL CREEKSEC -A, I estimate this property's value at $331,984. A competitive list price for this home right now would fall in the $325,000 to $339,000 range. This home's position in the current WESTERN OF QUAIL CREEKSEC -A market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. The smaller floor plan (118 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years newer than typical comps, the 1982 build date influences the valuation. Current inventory shows 6 comparable homes in WESTERN OF QUAIL CREEKSEC -A; a buyer's market based on recent absorption. Prices in 78753 have fallen 5.6% over the last 6 months. A similar home at 110 W Garrett RUN, Austin TX 78753 carries an adjusted comparable value of $286,650, providing a strong data point. With 6 comparable sales in WESTERN OF QUAIL CREEKSEC -A, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group