3112 Montwood TRL, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $781,067. I'd recommend coming to market at $799,000 to $884,000 to strike the right balance between value and market velocity. Against 4 similar active listings in SOUTHLAND OAKS, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (337 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.45 acre lot (larger than the 0.28 acre average) is reflected in the estimate. With 4 similar homes currently listed in SOUTHLAND OAKS (a balanced market), competition is a factor to consider. The trend in SOUTHLAND OAKS shows prices have risen 14.9% in the past 6 months. 11605 Anatole CT, Austin TX 78748 nearby adjusts to $785,060; a strong comparable. With 6 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