3921 Licorice LN, Austin TX 78728

My analysis of 5 comparable properties puts this home's estimated value at $504,472. Based on how the local market is moving, a list price between $413,000 and $423,000 would position this home well. This would position the home competitively among 5 active listings in WILLOW RUN. The larger floor plan (228 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.26 acres versus the area average of 0.23) contributes to the valuation. With 5 similar homes currently listed in WILLOW RUN (a balanced market), competition is a factor to consider. The 6 month price trend in WILLOW RUN: risen 5.2%. The best comp here is 4125 Licorice LN, Austin TX 78728 at an adjusted value of $550,719, with a smaller floor plan. With 5 comparable sales in WILLOW RUN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group