The market data from 5 similar recent sales in STEINER RANCH points to a value of approximately $543,926. To sell within a reasonable timeframe at fair market value, the $587,000 to $601,000 range is where I'd position this. Among the similar homes currently available in STEINER RANCH, this price point stands out as competitive. The 1988 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in STEINER RANCH, ranging from $540,000 to $635,000. In STEINER RANCH, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 12802 Bivins CT, Austin TX 78732, adjusting to $601,275; a strong comparable. The 5 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