32 Waterfall DR, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,297,188. I'd recommend coming to market at $1,498,000 to $1,652,000 to strike the right balance between value and market velocity. In the current HILLS LAKEWAY market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 155 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2000, this home is 5 years newer than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in HILLS LAKEWAY, creating a buyer's market for this price range. The trend in HILLS LAKEWAY shows prices have fallen 8.5% in the past 6 months. 51 Tiburon DR, The Hills TX 78738 nearby adjusts to $1,498,170; with a larger floor plan. Based on 5 relevant data points in HILLS LAKEWAY, 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