3505 Cactus Wren WAY, Austin TX 78746

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,150,508. I'd recommend coming to market at $983,000 to $993,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in WOODHAVEN, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. Being 126 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.35 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in WOODHAVEN, listed between $925,000 and $1,300,000. The trend in WOODHAVEN shows prices have fallen 55.9% in the past 6 months. 3500 Peregrine Falcon DR, Austin TX 78746 nearby adjusts to $1,220,045; a strong comparable. Based on 7 relevant data points in WOODHAVEN, 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