The market data from 7 similar recent sales in COURTYARD GAINES RANCH points to a value of approximately $897,105. To sell within a reasonable timeframe at fair market value, the $766,000 to $776,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in COURTYARD GAINES RANCH. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. 4 similar homes are currently available in COURTYARD GAINES RANCH, creating for this price range. In COURTYARD GAINES RANCH, home values have risen approximately 15.3% over the past 6 months. One of the strongest data points is 3809 Gaines CT, Austin TX 78735, adjusting to $945,258; a strong comparable. 7 comparable transactions in COURTYARD GAINES RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group