3502 Socorro TRL, Austin TX 78739

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $647,498. I'd recommend coming to market at $551,000 to $561,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in SHADY HOLLOW, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 0.51 acre lot (larger than the 0.48 acre average) is reflected in the estimate. With 4 similar homes currently listed in SHADY HOLLOW (a balanced market), competition is a factor to consider. The trend in SHADY HOLLOW shows prices have fallen 1.2% in the past 6 months. 11416 Sundown TRL, Austin TX 78739 nearby adjusts to $682,821; a strong comparable. Based on 7 relevant data points in SHADY HOLLOW, 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