3500 McNeil DR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $725,357. For a well positioned listing in 78727, I'd target the $513,000 to $523,000 range. Against 7 similar active listings in 78727, this price point lands at the most expensive of 7 comparable homes on the market. At 134 sqft larger than the typical comp, the size difference factors into the valuation. The 1981 construction puts this home 12 years older than the comp average, a factor in the pricing. The active market in 78727 includes 7 comparable homes priced from $520,000 to $1,400,000. Recent trends in 78727 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 13110 BROUGHTON WAY, Austin TX 78727, with an adjusted value of $869,978; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group