3605 Serene Hills DR, Austin TX 78738

The market data from 7 similar recent sales in MAJESTIC HILLS RANCHETTES points to a value of approximately $1,969,674. To sell within a reasonable timeframe at fair market value, the $1,479,000 to $1,489,000 range is where I'd position this. Among the similar homes currently available in MAJESTIC HILLS RANCHETTES, this price point stands out as competitive. At 340 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.29 acres, the lot is larger than the 1.04 acre comp average, which factors into pricing. The active market in MAJESTIC HILLS RANCHETTES includes 7 comparable homes priced from $1,195,000 to $1,849,000. In 78738, home values have risen approximately 1.1% over the past 6 months. One of the strongest data points is 925 Lakeway DR, Lakeway TX 78734, adjusting to $1,886,954; with a larger 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