401 Hummingbird LN, Austin TX 78734

Based on 4 closed sales in CARDINAL HILLS, the data points to a value around $625,173 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $540,000 to $550,000. This home's position in the current CARDINAL HILLS market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (218 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.28 acres versus 0.31 for the typical comp. 7 similar homes are currently available in CARDINAL HILLS, creating a buyer's market for this price range. Market data shows CARDINAL HILLS prices risen 7.4% over the last half year. The closest comparable sale, 15406 Joseph DR, Austin TX 78734 at an adjusted $602,499, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in CARDINAL HILLS. 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