337 Mary Elise WAY, Austin TX 78737

My analysis of 3 comparable properties puts this home's estimated value at $668,900. Based on how the local market is moving, a list price between $649,000 and $689,000 would position this home well. Relative to what's currently available in REUNION RANCH, this home would be below the only comparable home currently on the market. This home's smaller footprint (204 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.26) contributes to the valuation. Current inventory shows 1 comparable homes in REUNION RANCH; a seller's market based on recent absorption. The 6 month price trend in REUNION RANCH: risen 45.5%. The best comp here is 598 Jacksdaw DR, Austin TX 78737 at an adjusted value of $650,268, a strong comparable. With 3 comparable sales in REUNION RANCH, 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