3905 Cresthill DR, Austin TX 78731

The estimated value of this property is $1,144,413, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,461,000 and $1,563,000. In the current NORTHMOOR PARK market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. This home's smaller footprint (155 sqft vs the comp average) plays a role in how the market prices it. Built in 2004, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in NORTHMOOR PARK (a buyer's market), competition is a factor to consider. Recent trends in 78731 show home values have fallen 15.8% since 6 months ago. The most comparable recent sale is 6213 Ledge Mountain DR, Austin TX 78731, with an adjusted value of $1,073,781; a strong comparable. Based on 6 relevant data points in NORTHMOOR PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX