3417 Doe RUN, Austin TX 78748

The estimated value of this property is $741,056, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $596,000 and $606,000. Against 5 similar active listings in SHADY HOLLOW, this price point lands at the most expensive of 5 comparable homes on the market. Built in 1974, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.67 acre lot (larger than the 0.53 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in SHADY HOLLOW; a balanced market based on recent absorption. Recent trends in SHADY HOLLOW show home values have fallen 2.1% since 6 months ago. The most comparable recent sale is 3402 Saddlestring TRL, Austin TX 78739, with an adjusted value of $765,920; with a larger floor plan. 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