3970 Far West BLVD, Austin TX 78731

Based on 5 closed sales in CHIMNEY OAKS TWNHS, the data points to a value around $561,460 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $490,000 to $500,000. This home's position in the current CHIMNEY OAKS TWNHS market: the most expensive of 4 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.24 for the typical comp. With 4 similar homes currently listed in CHIMNEY OAKS TWNHS (a balanced market), competition is a factor to consider. Market data shows 78731 prices risen 5.6% over the last half year. The closest comparable sale, 6303 Shadow Valley DR, Austin TX 78731 at an adjusted $850,600, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in CHIMNEY OAKS TWNHS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group