The market data from 7 similar recent sales in COURTYARD GAINES RANCH points to a value of approximately $880,375. To sell within a reasonable timeframe at fair market value, the $945,000 to $1,079,000 range is where I'd position this. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in COURTYARD GAINES RANCH. At 0.14 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. 2 similar homes are currently available in COURTYARD GAINES RANCH, creating a buyer's market for this price range. In 78735, home values have fallen approximately 14.2% over the past 6 months. One of the strongest data points is 3818 Gaines CT, Austin TX 78735, adjusting to $945,183; with a smaller floor plan. 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