3800 Baggins CV, Austin TX 78739

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $885,425. I'd recommend coming to market at $969,000 to $988,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SHADY HOLLOW. The larger floor plan (585 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 8 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in SHADY HOLLOW, creating a seller's market for this price range. The trend in SHADY HOLLOW shows prices have fallen 3.5% in the past 6 months. 11720 Hobbiton TRL, Austin TX 78739 nearby adjusts to $760,051; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group