3501 Serene Hills DR, Austin TX 78738

Based on 7 closed sales in MAJESTIC HILLS RANCHETTES, the data points to a value around $1,246,321 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $715,000 to $725,000. Relative to what's currently available in MAJESTIC HILLS RANCHETTES, this home would be above the only comparable home currently on the market. Lot size matters here: 1.02 acres versus 0.53 for the typical comp. With 1 similar homes currently listed in MAJESTIC HILLS RANCHETTES (a buyer's market), competition is a factor to consider. Market data shows 78738 prices fallen 4% over the last half year. The closest comparable sale, 60 Tiburon DR, The Hills TX 78738 at an adjusted $1,295,115, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in MAJESTIC HILLS RANCHETTES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group