31 Carriage House LN, Austin TX 78737

The estimated value of this property is $692,751, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $475,000 and $485,000. In the current HERITAGE OAKS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. Being 865 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1985, this home is 8 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in HERITAGE OAKS (a balanced market), competition is a factor to consider. Recent trends in HERITAGE OAKS show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 28 Long Creek RD, Austin TX 78737, with an adjusted value of $696,615; with a smaller floor plan. Based on 7 relevant data points in HERITAGE OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX