4000 Chamisa DR, Austin TX 78730

The market data from 7 similar recent sales in GLENLAKE points to a value of approximately $1,101,326. To sell within a reasonable timeframe at fair market value, the $915,000 to $925,000 range is where I'd position this. Against 7 similar active listings in GLENLAKE, this price point lands at the most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. At 2.04 acres, the lot is larger than the 0.54 acre comp average, which factors into pricing. The active market in GLENLAKE includes 7 comparable homes priced from $799,900 to $1,475,000. In 78730, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 4019 Love Bird LN, Austin TX 78730, adjusting to $1,416,792; a strong comparable. 7 comparable transactions in GLENLAKE 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