The comparable sales data (4 recent transactions in STEINER RANCH) supports an estimated value of $578,297. The data suggests a list price between $587,000 and $633,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in STEINER RANCH's current inventory. Being built in 1989 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.28 acres versus 0.24 for the typical comp. There are currently 3 similar homes on the market in STEINER RANCH, ranging from $600,000 to $625,000. Prices in STEINER RANCH have fallen 1% over the last 6 months. A similar home at 3703 Runnels CT, Austin TX 78732 carries an adjusted comparable value of $712,676, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in STEINER RANCH. 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